@Doge Coin price has experienced increased activity following reports that large wallets have purchased over 130 million $DOGE in the last 24 hours. This spike in accumulation occurred as investors prepared for two significant macroeconomic announcements: the US Federal Reserve's interest rate decision and the upcoming Digital Assets Stockpile Report from the White House.#Dogecoin
Analyst Ali Martinez noted that these purchases were made by a whale, with confirmation from on-chain data provided by Santiment, indicating strong confidence from institutional investors. #AmericaAIActionPlan #US-EUTradeAgreement
These developments are likely to impact short-term volatility in the crypto market. The Federal Reserve's position on interest rates can influence risk assets, while the White House report may shape sentiment and future regulatory outlooks. Currently, DOGE is trading at $0.2283, showing resilience by maintaining its position above the critical support level of $0.22.$BTC