6 New Whales Scoop 620M DOGE, As Addresses With 100M To 1B Dogecoin Rise Over 5%

6 New Whales Scoop 620M DOGE, As Addresses With 100M To 1B Dogecoin Rise Over 5%

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Whale investors choose interest in Dogecoin.

There has been a growing adoption of Dogecoin (DOGE) among cryptocurrency whales over the past week. These investors take advantage of the low price of the token to increase their position in the cryptocurrency. Aside from existing investors scooping up more Dogecoin, new whale investors have also developed interest in the crypto assets.

According to a prominent cryptocurrency analyst named Ali Martinez, six new whale investors have joined the Dogecoin network in the past week. Together, these investors bought a whopping 620 million DOGE, worth approximately $37.2 million at the current exchange rate.

“About six new whales have joined the network, capturing about 620 million DOGE,” he said.

It is noteworthy that other high net worth investors have also adopted the dog-themed token in the past week. For example, the number of addresses will be increased by 100 million to 1 billion Dogecoin. Referring to an IntoTheBlock chart, Martinez said the number of addresses increased by 5.13% from 100 million to 1 billion Dogecoin in the past week.

“The number of addresses with 100 million – $1 billion DOGE has increased by 5.13% in the past week,” said Martinez.

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