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news-imageMarch 6, 2025

Whale interest in Dogecoin (DOGE) and Solana (SOL) on the decline but this crypto is seeing it rise rapidly

Recent data indicates a significant decline in whale activity for both Dogecoin (DOGE) and Solana (SOL), suggesting reduced interest from large investors. For Dogecoin, large transactions have plummeted nearly 88% since mid-November 2024, leading to diminished liquidity and investor confidence. In contrast, Mutuum Finance (MUTM) is witnessing a rapid increase in whale interest.
Publisher: Invezz
Sentiment: Negative
DOGE
SOL

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Dogecoin (DOGE), the popular cryptocurrency, could be poised for a major price recovery, according to crypto analyst Trader Tardigrade. The recent appearance of a Dragonfly Doji candlestick pattern on Dogecoin's daily chart and the asset's adherence to the Mean Reversion theory have spurred optimism in the market.

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