Is Dogecoin’s latest 40% ‘hike’ the first sign of recovery?

Dogecoin experienced a notable 40% rise, indicating a potential recovery pattern in the cryptocurrency’s market.

The recent uptick in large Dogecoin transactions by 41% suggests significant accumulation by whales, reflecting a strengthening interest.

Despite positive transaction metrics, the overall market sentiment appears bearish, with DOGE expected to maintain stable price movements until the upcoming Federal Reserve meeting.

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