A large Dogecoin investor, or “whale,” recently moved nearly 1 billion DOGE tokens, sparking speculation in the crypto community. This transfer, worth $169.2 million, has intensified market sentiment that further price gains could be on the horizon for Dogecoin. The purchase marks one of the largest Dogecoin transactions this year, and the latest acquisition could also be a bet on the upcoming U.S.
presidential election results as Donald Trump’s win is viewed as bullish for the crypto market.