The more the market disparages Dogecoin, the more the main players sharpen their knives in the shadows — DOGE's recent act of playing dead is a signal for harvesting retail investors! $DOGE
Dogecoin has dropped from $0.20 to $0.17, which on the surface looks like it's 'completely dead', but the backend data has already revealed itself: In the past three months, the number of 'whale' accounts holding over a million DOGE has surged by 12%, while retail investors have fled by 8%. This play of 'retail investors cutting losses, large holders buying up' is exactly the same as before Elon Musk's calls in 2021, when retail investors were frantically selling, and whales were secretly bottom fishing, resulting in DOGE skyrocketing 20 times in three months!
Why do the main players specifically target 'obscure DOGE'?
The 'psychological warfare' of meme coins: The less retail investors believe in it, the easier it is for the main players to pump it. Just like last year's SHIB, which suddenly surged 300% when people were about to forget it; using minimal effort to achieve significant results: DOGE ranks in the top ten by market cap, but the chips are scattered among countless people, allowing the main players to control the market with just $500 million, making this trade incredibly profitable; Elon Musk's clear signal: Tesla has just been revealed to use DOGE for merchandise payments, and if SpaceX follows suit, the coin's price could be triggered by a single word from the 'King of Twitter' in no time!
What’s even scarier is that the entire meme coin sector is replicating this strategy: New popular coins like PEPE and WIF have whale holdings exceeding 65%, but trading volumes have plummeted to freezing points. Historical experience tells us: When retail investors are completely uninterested, it often signals that the main players are 'closing the net'!
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