Dogecoin whales acquire 560M DOGE after more ETF speculations

During a price dip, major investors have acquired 560 million DOGE, reflecting significant demand. This comes after a notable 23% price drop from January’s high of 0.43 USD.

Speculation surrounding a U.S. Spot DOGE ETF, particularly with Grayscale’s recent application, has pushed approval odds to a record 58%. Yet, this news has not yet positively influenced DOGE’s price stability.

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