Deep-pocketed whales seem like stacking Dogecoin, indicating that the highest meme coin may very well be gearing up for a significant bullish reversal.
Earlier this week, on April 14th, whales accrued over 800 million DOGE in a single day, investing almost $128 million into the meme coin.
Dogecoin worth predictions from outstanding analysts additionally recommend a powerful risk of recent all-time highs in 2025, even perhaps $1.
Nonetheless, sidelined buyers must be cautious of blindly chasing the whales. The DOGE worth stays in a short-term downtrend, and exercising endurance at present ranges might yield a extra beneficial entry level.
Why Are Whales Shopping for Dogecoin?
The robust whale demand for DOGE isn’t stunning.
Dogecoin continues to be one of many most secure bets for the upcoming crypto bull market, owing to its robust fundamentals and upcoming bullish developments.
As an illustration, Bloomberg analysts Eric Balchunas and James Seyffart estimate a 75% likelihood of a spot Dogecoin ETF being accredited in 2025, marking the second-highest approval odds amongst all crypto belongings with pending ETF functions earlier than the SEC.
Furthermore, they imagine the SEC already views DOGE as a commodity—an undeniably bullish sign.
Final week, 21Shares grew to become the third establishment to file for spot Dogecoin ETFs, becoming a member of Grayscale and Bitwise.
In contrast to Ethereum — which many mainstream buyers nonetheless view as a second-best to Bitcoin — Dogecoin enjoys robust retail and cultural demand. Because of this, consultants aren’t making use of the identical underwhelming spot ETH ETF influx expectations to DOGE, which might see far higher success following an ETF launch.
In the meantime, it continues to be Elon Musk’s favorite meme coin, one other notch in its belt that might end in important positive aspects within the upcoming bull market.
It’s, subsequently, no shock that whales invested almost $128 million into Dogecoin after its worth fell to $0.16 earlier this week.
Dogecoin Value Prediction — Is This The Proper Time To Purchase DOGE?
Dogecoin seems to be on the verge of an explosive rally, with a bullish divergence forming on the every day chart. Whereas worth has made a decrease low, the Relative Power Index (RSI) is printing the next low—a traditional sign of potential upward momentum.
Nonetheless, sidelined buyers have to train endurance. DOGE didn’t breach the multi-week descending trendline and is, subsequently, nonetheless in a downtrend.
It wouldn’t be a shock if it types a double backside at $0.14 earlier than kickstarting a bullish reversal.
Outstanding analysts are nonetheless extraordinarily bullish on the meme coin in the long run.
Dogecoin worth prediction from fashionable dealer Surf signifies that it’s buying and selling inside an accumulation cylinder with a widening mouth. A rebound from the decrease trendline might open the door to new all-time highs this 12 months, probably even pushing DOGE towards the $1 mark.
May MIND of Pepe Outperform DOGE This 12 months?
Regardless of Dogecoin’s bullish prospects, its comparatively giant market capitalization implies that it isn’t the very best wager for 10x to 100x returns within the upcoming bull run.
Sensible cash buyers are stacking excessive upside, low-cap gems for that.
As an illustration, robust sensible cash demand has pushed the Ethereum-based AI agent coin, MIND of Pepe (MIND), previous the $8 million milestone in its presale.
Whereas the AI crypto sector is saturated on Solana, it stays an rising market on Ethereum. ETH maxis remained largely sidelined from the broader AI crypto rally earlier this 12 months. Unsurprisingly, they’re betting huge on tasks like MIND of Pepe this time round, eyeing outsized returns within the upcoming AI wave.
MIND of Pepe is a self-sovereign agent — a cutting-edge, AI-powered crypto engine — designed to ship a aggressive edge to all MIND holders.
Whales gained’t have an unique monopoly on market alpha anymore. MIND holders will quickly obtain real-time insights relating to whale accumulation patterns, sentiment shift, technical chart patterns, and so on.
MIND of Pepe can create its traits on social media, because of its self-managed X and Telegram accounts. It may possibly additionally launch its personal meme cash, with MIND holders receiving discounted entry.
Contemplating its distinctive worth proposition and the robust demand for brand spanking new AI cash, outstanding analysts are even calling MIND the subsequent 100x crypto.
Go to MIND of Pepe Presale