DOGE Coin: Price Explodes 5.6% as Mystery Whales Drop $200M Bombshell

Dogecoin shot up 5.6% while big players quietly dumped over $200 million into the meme coin. Even with late profit-taking, DOGE is showing serious staying power.

DOGE Price Gets Massive Whale Boost

Between August 12-13, DOGE climbed from $0.225 to $0.233 with 8.8% volatility. Morning trading locked in solid support at $0.220 with volume crushing the 24-hour average of 387.7 million tokens.

Here's the kicker - whale investors scooped up over 1 billion DOGE tokens worth $200 million. Big money now controls nearly half of all circulating supply. Mid-session, DOGE rocketed from $0.221 to $0.238 between noon and 8 PM before hitting resistance.

Key Dogecoin (DOGE) Price Levels Right Now

DOGE found solid ground at $0.220 - that's your floor, backed by heavy volume. The $0.238 peak shows where sellers get nervous. Final hour saw 1.3% profit-taking from $0.235 to $0.232, but buyers stepped back in at $0.232. Higher lows pattern stays intact.

What's Next for DOGE Price?

Everyone's watching that $0.238 resistance - break through and we could see fireworks. Support zone at $0.232-$0.220 needs to hold on further profit-taking. The whale action is the real story - these big players keep buying dips and show no signs of backing down.

DOGE-3.49%
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