🐶 #DOGE rises by 5% after the creation of Musk's "America Party"! Does this signal the return of the bull run?
#Dogecoin surged over 5% in 24 hours, rising from $0.163 to $0.171, after Elon Musk announced the creation of the "America Party", a political movement that many see as a new crypto push.
On-chain data shows that whales have been actively accumulating during this rise, with trading volume exceeding 1.1 billion DOGE. This suggests that the trend comes with institutional support, not just short-term speculation.
Does this mean that DOGE is regaining strength for a new bull run? If sentiment continues to rise, we could be in the early stages of a sustained upward trend.
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