Dogecoin Price Could Skyrocket—Whales Load Up 220M Tokens Before Breakout
2026-01-08 01:05
Dogecoin has climbed above $0.14 following a strong weekly performance, during which the memecoin gained 18.7%. The rally aligns with broader cryptocurrency market strength and marks a significant recovery for the digital asset. DOGE’s price action over the past week (Source: CoinCodex ) The memecoin now trades at its highest level since late November, posting a 30% increase since the start of 2025. This upward movement mirrors gains seen across the memecoin sector, with peers including Shiba Inu, PEPE, and Pudgy Penguins also recording notable advances. Institutional Interest Grows Through ETF Inflows The launch of spot Dogecoin exchange-traded funds has introduced a new dimension to the asset's market structure. These products have attracted $3.9 million in fresh capital since the beginning of 2026. While modest compared to Bitcoin or Ethereum ETF flows, this development represents a shift toward mainstream financial acceptance for what began as an internet joke. The presence...
