Dogecoin Whales Accumulate Over 100 Million DOGE as Bulls Target $0.3 Price ⋆ ZyCrypto

By: bitcoin ethereum news|2025/05/02 23:45:01

Dogecoin holders are ramping up more DOGE following multiple bulls raising short-term targets. Meme coins soared alongside Bitcoin (BTC) and altcoins last month, recovering from a stretched downtrend. Recent accumulations have heightened sentiments in these highly volatile assets ahead of upcoming U.S. macro events. Dogecoin Bulls Lock In Target Crypto whales have purchased 100 million DOGE tokens in the last seven days. This buying pressure comes as meme coins record double-digit gains in the same timeframe. As the wider market recovers, whales look for good entry positions ahead of an expected rally. Due to massive institutional inflows and slow retail outflows, Dogecoin’s metrics remain in the green zone . Unlike other assets, net exits from centralized exchanges have been curtailed, driving up trader confidence. After Bitcoin retested $95k, altcoins like Ether, Solana (SOL), and XRP saw mild outflows, triggering profit-taking fears. This grew in the past week, lowering the bullish impact. DOGE’s price stands at $0.1792, with a 2.5% growth over the past day and a stronger weekly average. Daily volume above 18% has spiked the market cap to $26.7 billion. Meanwhile, several traders have set a short-term target above $0.3 in their quest for a rally. Expert trader Ali Martinez wrote on Dogecoin’s drive towards an all-time high. According to him, an upsurge above $0.2 could trigger an all-time high if institutional demand remains high. “DOGE can secure a monthly close above $0.20, which could pave the way for a rally toward its all-time high of $0.74. Such a breakout would signal strong bullish momentum and potentially attract increased investor interest.” Meanwhile, the Dogecoin community witnessed a slight frenzy after Bloomberg’s analyst Eric Balchunas shared the latest odds for a possible spot ETF approval in the United States. According to the data, spot DOGE ETFs stand an 80% approval chance with a final SEC deadline on October 17. DOGE Momentum Fuels Meme Coin Swing This year, meme coins fell short of their Q4 2024 rally due to negative macro trends. Meme coins trade in line with Bitcoin sentiments and are often linked to low utility, unlike top crypto assets. The massive DOGE rally recorded last month led to a similar movement in other meme coins. First, the total market cap gained $12 billion daily, followed by huge daily trading volumes. Top assets like Shiba Inu (SHIB), PEPE, and Official Trump gained over 7% inflows last week. Source: https://zycrypto.com/dogecoin-whales-accumulate-over-100-million-doge-as-bulls-target-0-3-price/

-- Price

Morgan Stanley's chief equity strategist Wilson pointed out that the momentum in the semiconductor sector is waning, with the Philadelphia Semiconductor Index having dropped nearly 14% from its peak. Funds are shifting towards AI supercomputing giants like Microsoft, Amazon, and Meta, as well as sec...

Morning Report | Vitalik outlines Ethereum's long-term roadmap, Lean Ethereum will become the third major iteration; SK Hynix seeks to attract more AI investors by listing in the U.S

July 5 Market Important Events Overview

Trump, the best stock trader among U.S. presidents

Trump has almost turned the presidency into a business and maximized the conversion of presidential influence into commercial profits.

From ByteDance to Financial Freedom: How did "Byte Brother" Leto develop his investment judgment skills to achieve a turnaround of 30 million?

Speak with data and signals, validate judgments with A/B tests, and seek asymmetric returns with limited risk exposure.

Selling coins despite a loss of 55 million dollars, the faith in Strategy has reached the interest payment date

The moment faith was securitized, Bitcoin became a bill.

OUSD False Cooperation Controversy? The Credit Game of Stablecoins and Endorsements by Giants

The success of stablecoins does not rely on rallying a group of alliance members for marketing, but rather on whether they have real use cases and genuine users.

Q-Day Countdown: Will Quantum Computing End Cryptocurrency?

In the face of dormant coins being plundered by quantum computing power, should we firmly uphold the unalterable bottom line of "code is law," or should we enforce a soft fork to freeze legacy assets?

The ten years of Cloud on the Air: From corner coffee to global financial infrastructure

How did a remittance company grow into a financial infrastructure that can replace SWIFT; when it really reaches this scale, how should stablecoins be positioned for it; and what can AI integrate into this infrastructure?

$10,000 in TRUMP Token vs. $10,000 in Nasdaq: The "Trump Trade" That Actually Worked in 2026

TRUMP Token lost more than 96% after its launch, while Nasdaq stocks and NVIDIA delivered strong gains. Compare what happened to a $10,000 investment and explore why asset fundamentals matter more than market hype.

The impact of OUSD on Circle, Tether, and Paxos: not a single negative factor, but a more complex reshaping of competition

OUSD will not be the last new competitor; Circle needs to respond more actively in terms of products, distribution, and ecosystem collaboration.

Li Feifei's latest long article: When video generation, robots, and NVIDIA all claim to be world models, we need a taxonomy

Language gives machines a way to talk about the world. The world model is the means by which machines ultimately understand, imagine, reason, and interact with it.

Blaming the desolation of the cryptocurrency world on the rise of AI is a form of intellectual laziness

The emergence of giants signifies a mature business model. Although it will reduce speculative space, there is also enough room for error, allowing for the continuous emergence of new forces.

How has Binance's stock business performed in the 30 days since its launch?

Emerging market buying supported the first wave of demand.

WEEX P2P now supports BDT & LKR—Merchant Recruitment Now Open

Morning News | SK Hynix officially launches the marketing promotion process for its U.S. stock listing; the Central Cyberspace Administration announces the results of the first phase of rectifying AI application chaos, with over 14,000 non-compliant pr...

July 6 Market Important Events Overview