$DOGE
🚨 Dogecoin flashes strong buy signals with whale accumulation 🚨
Dogecoin is displaying erratic price behavior. However, the On-chain indicators tracked by Ali Martinez offer insight into the broader market patterns DOGE is currently experiencing. From mid-April to mid-May 2025, DOGE began gaining momentum as several technical indicators were experiencing a sharp increase.
DOGE's transaction volume rose sharply in early May, peaking at approximately $1.07 billion. As Ali Martinez had suggested, this sharp rise coincided with the heavy buying that took place behind the scenes.
The large-scale accumulation began picking up from April 22 and peaked in two distinct phases—late April and mid-May. This trend implies that large holders were active during its latest price surge, possibly positioning themselves early or influencing the move.
Yet another bullish observation by Martinez points to a significant accumulation trend among these whales. Over the past month, these large investors have acquired more than 1 billion Dogecoin. The total holdings by these high-net-worth individuals stand at approximately 25.97 billion DOGE.
However, on a cautious note, Dogecoin must break out from its monthly peak of $0.25 before its markup phase can be validated.