A widely followed cryptocurrency analyst is expressing bullish sentiment on the tenth-largest digital asset by market cap.
Pseudonymous analyst Smart Contracter, who predicted the 2018 Bitcoin bottom six months before it dropped, айтылат his 211,200 Twitter followers that Dogecoin (Бомж) is currently undergoing massive accumulation.
“DOGE/BTC has the most insane looking high time frame accumulation going on. I haven’t seen something that looks like such a clean accumulation like this in a long time.
I dare say revisiting this in a year’s time, DOGE will be a lot higher than $0.065.”
Dogecoin is exchanging hands at $0.06445 at time of writing, up by approximately six percent over the past 24 hours.
Smart Contracter’s prediction coincides with cryptocurrency analytics firm Santiment талапкер that Dogecoin’s whale transactions and funding rates have risen in the recent past.
“Dogecoin is up a solid +9% in the past day and a half, and the meme coin is still ranked as the 10th largest market cap asset in crypto. Whale transactions and funding rates have just spiked, which are two great predictors of price direction change.”
Online brokerage app Robinhood currently owns the address holding the largest amount of Dogecoin – a stash worth over $2.5 billion. That’s nearly a third of the total supply.
Beat сагынбаңыз - жазылуу электрондук почта билдирүүлөрүн электрондук почтаңызга түздөн-түз жеткирүү үчүн
текшерүү Баа Action
Постту бизди Twitter, Facebook жана телеграмма
Surf Daily Hodl Mix
Disclaimer: The Daily Hodl айтылган пикирлер салым кеп эмес. Investors Биткойн, cryptocurrency же санариптик каражаттарды ар кандай жогорку тобокелдик салымдарды чыгарар алдында текшерүү керек. Сураныч, которуулар жана кесип ээлери өз коркунучу бар экенин эскертип турган жана эч бир сиз жооптуу болуп калышы мүмкүн жоготот. Daily Hodl кандай cryptocurrencies же санариптик каражаттарды сатып алуу же сатуу сунуш да Daily Hodl салым насаатчысы эмес. Ошол Сураныч Daily Hodl санаторийи маркетинг катышат.
Өзгөчөлөнгөн сүрөт: Shutterstock/arvitalyaart
Source: https://dailyhodl.com/2022/10/06/dogecoin-doge-to-explode-much-higher-amid-insane-accumulation-says-trader-who-predicted-2018-bitcoin-bottom/