A long-forgotten Dogecoin (DOGE) whale, with a stash of 3.7 million DOGE valued at about $662,519, made headlines by initiating transactions for the first time since January 2014. The move has caught the eye of the cryptocurrency community, especially as it aligns with the lead-up to DOGE Day on April 20, a key date for Dogecoin supporters. The whale’s reappearance is stirring speculation about potential impacts on the market, reminiscent of past events where dormant investors suddenly became active, causing ripples through the crypto market.

Dogecoin’s prominence has been on the rise, now ranking as the eighth-largest cryptocurrency with a market cap of $26 billion and a token price of $0.18. The unexpected activity of this ancient DOGE investor has not only surprised market watchers but also added a new layer of excitement as DOGE Day approaches. The crypto community is keenly observing how this event might influence Dogecoin’s market dynamics amidst its growing popularity.

Whale Alert