Massive Whale Accumulation Boosts Dogecoin – Is a Bull Run Coming?

Dogecoin (DOGE) is making headlines again! On May 19, 2025, DOGE surged over 6.2% in 24 hours, trading at approximately $0.228 – and there’s a strong reason behind it: whales are buying big.

Recent on-chain data shows that large holders accumulated over 1.4 billion DOGE (worth nearly $300 million) in just the past month. Whale wallets now collectively hold 25.97 billion DOGE, signaling serious long-term confidence in the memecoin’s potential.

Adding fuel to the fire, Dogecoin’s network activity also spiked:

Over 680,000 daily active addresses were recorded in mid-May.

A sharp rise in $1M+ transactions indicates institutional or high-net-worth participation.

With technical indicators turning bullish and whale interest growing, DOGE may be gearing up for a major breakout. The long game of crypto isn’t just about Bitcoin – Dogecoin is proving it can run with the big dogs.

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