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Guavy AI Editorial TeamSentiment: 4Clout: 82

Dogecoin Sees Price Surge Amid Whale Accumulation

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Dogecoin has seen a significant increase in its price over the past 24 hours, reaching a 10-day high as the cryptocurrency market experiences a green wave. The coin's market capitalization has surpassed $15 billion, with its price rising by 6% daily.

The accumulation of 470 million coins worth $47 million by whales in the past 72 hours is being seen as bullish for the price. This cohort of investors has acquired a significant amount of tokens, reducing the available supply and potentially signaling growing confidence among major holders.