Dogecoin Sees Heavy Buying From Whales as Elon Musk Supports BTC in New Party Rollout - NewsBreak
Published 9 hours ago• 2 minute read
By Shaurya MalwaCD Analytics,
2 hours ago
Dogecoin rallied more than 5% in the last 24 hours, climbing from $0.163 to $0.171, as Elon Musk’s launch of the America Party fueled optimism around a more crypto-aligned political future.
The breakout was backed by over 1.1 billion in trading volume, establishing strong support at $0.166. Whale wallets accumulated aggressively during the move, even as smaller holders exited, suggesting renewed institutional confidence in DOGE.
- Key resistance observed at $0.173 during late-session selling (21:00–23:00).
- In the final hour, DOGE gained 0.85%, breaking above $0.171 with notable spikes at 01:16 (12.8M) and 01:36 (8.0M).
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