Dogecoin Whale Buys Dry Up: MAGACOIN FINANCE and Undervalued Altcoins Hold Investor Interest

Dogecoin whales recently accumulated 2 billion DOGE, but the pace of activity is showing signs of slowing. With whale buying cooling, attention is shifting toward altcoins such as MAGACOIN FINANCE, which continues to draw interest through its capped presale and bonus offers.

Dogecoin Whales Add 2 Billion DOGE in a Week

On-chain data from Santiment, highlighted by analyst Ali Martinez, revealed that Dogecoin whales accumulated around 2 billion DOGE last week, worth close to $500 million. Wallets holding between 100 million and 1 billion DOGE expanded their balances to 27.6 billion DOGE, the highest level in over a month

This period also saw whale transactions surge above 100 transfers worth more than $1 million each, the most active day since mid-July.

The accumulation initially aligned with a rally that pushed Dogecoin’s price above $0.24 from earlier monthly lows of $0.195. However, Dogecoin was later unable to maintain the uptrend. Analysts believe that whether DOGE can push above this barrier will dictate its next move, as whales slow their buying pace.

Dogecoin Price Stalls Under $0.25 Resistance

Despite recent accumulation, Dogecoin has been unable to hold momentum above the $0.25 level. After briefly testing this zone, DOGE retraced nearly 9% in the past 24 hours to trade around $0.22.

Some like Tardigrade point to similarities with the pre-2021 rally while others warn of a dip toward $0.19. The mix of whale activity and slow price suggests uncertainty in the near term . DOGE’s ability to stay above $0.188 remains a key line for maintaining bullish outlook.

MAGACOIN FINANCE Gains Traction Among Altcoins

While Dogecoin activity cools, MAGACOIN FINANCE continues to draw attention in the altcoin space. Analysts note that presale participants could see returns as high as 14,000% in the next bull run. Access to the presale is capped, and those using the PATRIOT50X code secure an extra 50% bonus allocation. This scarcity, structured entry, and incentives have placed MAGACOIN among the most-discussed altcoins in circulation this month.

The Takeaway

Dogecoin whales caused a burst of activity, but with buying slowing, traders are turning their eyes to other opportunities. MAGACOIN FINANCE stands out by combining capped access with bonuses that continue to draw fresh capital. For investors, it is now a question of whether to wait on Dogecoin next pump or explore newer altcoin entries.

Access MAGACOIN FINANCE via the official website.

Website:

Presale: /presale

X:

Telegram:

Disclaimer and Risk Warning

This article is a sponsored press release and is for informational purposes only. Crypto News Land does not endorse or is responsible for any content, quality, products, advertising, products, accuracy or any other materials on this article. This content does not reflect the views of Crypto News Land, nor is it intended to be used for legal, tax, investment, or financial advice. Crypto News Land will not be held responsible for image copyright matters. Readers are advised to always do your own research before making any significant decisions.

DOGE4.75%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 1
  • Repost
  • Share
Comment
0/400
GateUser-954f2c4fvip
· 08-20 00:48
Steadfast HODL💎
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)