Dogecoin whales buy 1 billion in 24 hours... Is a surge imminent? Maxi Doge emerges as the next 100x promising asset | Bitcoinist.com

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Despite the overall uncertainty in the market, Dogecoin is showing signs of preparing for an explosive rise.

Renowned cryptocurrency analyst Ali Martinez reported that whales have purchased approximately 1 billion Dogecoins worth about 200 million dollars in just 24 hours.

The price of Dogecoin has broken through the resistance level of $0.20 thanks to the strong buying pressure from whales. If it records a closing price above the resistance level of $0.23 on the weekly chart, a large-scale bull market is expected to be triggered.

Meanwhile, it seems that smart money investors are also investing in Dogecoin beta coins. Notably, Maxi Doge Coin raised approximately $400,000 in investments just a few days after the ICO began. Industry experts are already keeping an eye on this, and many evaluate Maxi Doge as a next-generation cryptocurrency with expectations of over 100 times return.

Whales**, 10**** billion** Dogecoin buying trend background attention focused

It seems that a strong opinion has formed among experts that Dogecoin is one of the most undervalued large market cap cryptocurrency assets in the current market.

The recent movements of Dogecoin appear to be following an expected trend. Dogecoin has shown a tendency to move as a latecomer in bullish markets. As the leading meme coin, Dogecoin had a breakthrough by rising to $0.28 at the end of July, but it seems unable to overcome the overall market downturn caused by deteriorating macroeconomic outlook.

Whales are not missing the opportunity to buy Dogecoin around the $0.20 mark again. This seems to be in line with the expectation that Dogecoin could rise to $1 in this bullish market.

Analysts predict that the bull market in the cryptocurrency market is not yet over. Bitcoin is expected to rise to $150,000, Ethereum to $10,000, and XRP to $10. Accordingly, the outlook that Dogecoin will reach $1 is no longer considered just a simple meme.

Bloomberg analysts have analyzed that the approval likelihood of a spot Dogecoin ETF is high.

Unlike Ethereum, which is perceived by mainstream investors as an inferior version of Bitcoin, Dogecoin holds a strong brand influence, especially within online communities. Accordingly, spot Dogecoin ETFs are expected to provide a greater upward momentum for Dogecoin's price than Ethereum ETFs do for Ethereum's price.

Dogecoin Price Outlook – Has the Time for Full Dogecoin Buy Arrived ?

It has been reported that the Dogecoin price has recovered the support level of $0.20. The bullish forces are currently aiming for a weekly close above the major resistance level of $0.24, which is expected to trigger a sharp rise. In particular, Dogecoin has also recovered the 100-day simple moving average.

As it has been observed that whales have purchased 1 billion Dogecoins in the past 24 hours, it is expected that spot buyers will be able to purchase Dogecoin without any burden.

Investors considering a leverage long position in Dogecoin should watch for recovery at the support/resistance level of $0.23. Additionally, the Moving Average Convergence Divergence (MACD) 12, 26( golden cross signal is also considered a noteworthy indicator.

The MACD indicator of Dogecoin formed a bearish crossover last week, but is currently showing signs of reversal, which can be interpreted as a very strong bullish signal.

Experts, Maxi Doge identified as next-generation cryptocurrency with potential to earn 100 times profit

Smart money investors are showing movements to invest in Dogecoin beta coins. This is because every time the price of Dogecoin rises, meme coins related to Dogecoin also tend to rise. These meme coins have relatively small market capitalizations and sometimes record higher returns than Dogecoin.

In the case of MAXI Doge), it raised about $400,000 in funding within a few days of its launch through a viral ICO.

Maxi Doge is a more bold and evolved variant of the existing Dogecoin, satirically representing the online cryptocurrency speculation culture.

From the torn mascot to the endlessly supplied energy drinks, and the obsession with 1000x trading, this project reflects the chaotic energy of meme coin traders. It is characterized by being relatable yet absurd, and above all, it is structured in a way that is entertaining.

As pointed out by market analysts, meme coins that evoke laughter tend to show the biggest anomalies in the market.

Maxidoge goes beyond superficial meme coins, showcasing the fundamentally solid characteristics of a low-cost meme coin through community-centric tokenomics, attractive staking rewards, and audited smart contracts.

The following is the Maxi Doge presale coin introduced by cryptocurrency expert and YouTuber CoinLab.

Experts are showing an optimistic view regarding the upward potential of Maxi Doge as expected, with many forecasting it as a next-generation cryptocurrency that could yield returns of over 100 times.

Participate in Maxy Doge presale

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