Dogecoin miners have unloaded 65 million icons in the last 48 hours

According to the analyst on the series, Ali Martinez, DOGECOIN miners discharged 65 million icons in the last 48 hours. The DOGE icon has only been traded at $ 0.17 yet, although investors continue to drain their property.

أفاد محلل السلسلة علي مارتينيز بأن عمال مناجم Dogecoin قد فرغوا 65 مليون رمز في الـ 48 ساعة الماضية. لم يتم تداول رمز Doge إلا عند 0.17 دولارًا حتى الآن ، حتى مع استمرار المستثمرون في جمع ممتلكاتهم.

Series analyst Ali Martinez reported that Dogecoin miners have emptied 65 million symbols in the past 48 hours. The DOGE icon has only been traded at $ 0.17 yet, even as investors continue to collect their property.

Dogecoin Miners Dumped 65 Million Tokens In 48 Hours

As miners unload large quantities of tokens, it's usually driven by concerns over profitability or, pressure from the market to destabilize an unstable price. The Dogecoin token has seen miners dump 65 million tokens in just 48 hours.

As miners unload large quantities of tokens, it's usually driven by concerns over profitability or, pressure from the market to destabilize an unstable price. The Dogecoin token has seen miners dump 65 million tokens in just 48 hours.

Some analysts have alluded to the token dropping below $0.15 if the selling pressure continues. However, some believe that the token could soon overcome its decline and rally. For instance, Trader Tardigrade, thinks that the token could rise if the trend continues. He remarked: “Dogecoin Guid Rispling Coming.”

He added that in previous years, whenever the breakout leads to a correction phase, the token will see a surge in price shortly after. He insisted that if investors keep buying up the tokens, Dogecoin could reach $1 or higher in the long run.

He added that in previous years, whenever the breakout leads to a correction phase, the token will see a surge in price shortly after. He insisted that if investors keep buying up the tokens, Dogecoin could reach $1 or higher in the long run.

Additionally, analyst Byllifyx believes that the token could reach $3 soon. Some stated that if more buyers come in, the token could pull back from $0.17 in the short term.

Additionally, analyst Byllifyx believes that the token could reach $3 soon. Some stated that if more buyers come in, the token could pull back from $0.17 in the short term.

Historically, when Bitcoin drops, the entire crypto ecosystem is affected, and usually, altcoins like Doge will see increased volatility. Bitcoin is trading at a lower level of $85,000, and it pulls back from its high of $90,000 earlier this month. Some analysts have attributed the current price actions of Doge and the market condition to Bitcoin's contraction and the inflation worries.

Musk's involvement with the government competence ministry invited investor attention to the token.

Musk's involvement with the government competence ministry invited investor attention to the token.

When Donald Trump announced plans to create an asset class stock, Doge surged by 20% to reach $0.24 despite not being listed among the altcoins included in the stock.

When Donald Trump announced plans to create an asset class stock, Doge surged by 20% to reach $0.24 despite not being listed among the altcoins included in the stock.

On Monday, whales bought 140 million Doge in 24 hours alone. Martinez had also disclosed that investors bought 910 million of the tokens over the weekend.

On Monday, whales bought 140 million Doge in 24 hours alone. Martinez had also disclosed that investors bought 910 million of the tokens over the weekend.

Some analysts linked the renewed interest in the token to Elon Musk's involvement with the Ministry of Government Competence (DOGE). They argued that the government agency's use of the same initials as the token contributed to the increase in the token.

Some analysts linked the renewed interest in the token to Elon Musk's involvement with the Ministry of Government Competence (DOGE). They argued that the government agency's use of the same initials as the token contributed to the increase in the token.

In his interview with Joe Rogan last week, Musk admitted to the connection between the token and the agency. He claimed that he would name an agency, the Government Competence Commission, which was "incredibly dull." However, he stated that he followed the advice of people online to go with the Ministry of Government Competence, which fit perfectly.

In his interview with Joe Rogan last week, Musk admitted to the connection between the token and the agency. He claimed that he would name an agency, the Government Competence Commission, which was "incredibly dull." However, he stated that he followed the advice of people online to go with the Ministry of Government Competence, which fit perfectly.

Nonetheless, with more miners unloading their holdings, the future of Dogecoin remains uncertain.

Nonetheless, with more miners unloading their holdings, the future of Dogecoin remains uncertain.

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