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Cryptocurrency News Articles

The latest Dogecoin price predictions have sparked concern

Mar 28, 2025 at 08:20 pm

The latest Dogecoin price predictions have sparked concern amid growing volatility, and long-term holders have begun offloading DOGE to secure profits elsewhere. In contrast

The latest Dogecoin price predictions have sparked concern

The latest Dogecoin price predictions have sparked concern among long-term holders who are gradually exiting their positions to secure significant profit potential elsewhere. In a surprising yet expected turn of events, some Dogecoin investors have hedged into the fast-growing GameFi project, Rollblock, to capitalize on its unique use case and strong early momentum.

As reported by BlockToro, the House of Doge has announced the Dogecoin Reserve, a new initiative by the Dogecoin Foundation to allocate 10 million DOGE (currently valued at approximately $1.8 million) to an account focused on expediting transactions and enhancing payment efficiency.

This development has helped push the Dogecoin price up by over 14% this week, and according to Santiment data, wallets holding between 1 million and 10 million DOGE have accumulated more than 200 million tokens in the last two-week period. This surge in accumulation suggests growing confidence among whales and long-term holders, even as volatility remains high.

Dogecoin Price Analysis: Can Whales Push DOGE Back Above $0.20?

As the cryptocurrency market navigates new lows, interest in meme coins remains high. Dogecoin, the fan-favorite token, is garnering renewed attention following fresh institutional interest and a notable move by the Dogecoin Foundation.

The newly announced Dogecoin Reserve, launched by the House of Doge, will see 10 million DOGE (worth roughly $1.8 million) committed to an account designed to speed up transactions and optimize payment efficiency. This initiative is part of a broader effort by the Dogecoin Foundation to support the development and utility of Dogecoin.

The development has helped push the Dogecoin price up by over 14% this week, and according to Santiment data, wallets holding between 1 million and 10 million DOGE have accumulated more than 200 million tokens in the last two-week period. This surge in accumulation suggests growing confidence among whales and long-term holders, even as volatility remains high.

Source: TradingView

Meanwhile, Dogecoin continues to hover just under key psychological levels. The meme coin is currently trading at $0.1961, showing a 2.25% increase over the last 24 hours. While the rally feels promising, bullish momentum will likely remain fragile until the Dogecoin price manages to regain and hold the $0.20 level. Some large holders, seeing limited upside in the meme coin market, have also begun rotating into alternative tokens like RBLK, seeking more substantial potential gains in newer markets.

Why Rollblock Could Outperform Dogecoin In 2025

Dogecoin's recent boost from ETF speculation and whale activity might be interesting, but it lacks long-term fundamentals. In contrast, Rollblock continues to dominate headlines with over $11 million raised, real utility in GameFi, and a growing user base of over 50,000. As DOGE battles volatility, Rollblock is building lasting value, making it one of the best projects for massive gains this year.

Discover the exciting opportunities for the Rollblock (RBLK) Presale today!

Disclaimer:info@kdj.com

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Other articles published on Apr 10, 2025