BlockNews
  • Crypto
  • Finance
  • Politics
  • Memecoins
  • NFT
  • Technology
  • Opinion
No Result
View All Result
FOLLOW
BlockNews
  • Crypto
  • Finance
  • Politics
  • Memecoins
  • NFT
  • Technology
  • Opinion
No Result
View All Result
BlockNews

Analyst Predicts Potential 500% Surge for Dogecoin Despite Stagnent Whale Activity: Here is What You Need to Know

by Drop Gorn
February 20, 2025
in Crypto, Memecoins, Opinion
A A
Analyst Predicts Potential 500% Surge for Dogecoin Despite Stagnent Whale Activity: Here is What You Need to Know
13
SHARES
Share on TwitterShare on Reddit
  • Dogecoin Whales Stay on Sidelines: Large holders controlling 41% of DOGE supply show little buying or selling activity, signaling a wait-and-watch approach.
  • Analyst Predicts 500% Surge: Trader Tardigrade points to a Stochastic RSI crossover, suggesting Dogecoin is oversold and could rally past $1.50.
  • Market Interest Declines: Dogecoin futures Open Interest drops 53%, raising concerns of a meme coin resetrather than a full market collapse.

Dogecoin’s large investors seem to be playing the waiting game as the memecoin continues its correction phase, according to a well-known crypto analyst.

Whale Activity at a Standstill

Crypto analyst Ali Martinez, known for tracking on-chain movements, pointed out that Dogecoin whales have remained on the sidelines, showing little to no major buying or selling activity in recent weeks.

“Dogecoin whales have stayed on the sidelines during recent volatility, showing little to no significant buying or selling activity!” — Ali Martinez (@ali_charts) Feb 20, 2025

Whales—wallets holding more than 1% of the coin’s supply—currently own over 41% of Dogecoin’s total supply, according to IntoTheBlock. Despite DOGE’s $37 billion market cap, the token has dropped 3.37% this week and over 25% this month, causing concerns about declining investor interest. But here’s the twist—they aren’t selling either, hinting at confidence in an eventual rebound.

Trader Tardigrade Predicts a 500% Surge?

Prominent trader Trader Tardigrade has taken a bullish stance, pointing to Stochastic RSI data suggesting Dogecoin may be oversold—and primed for a massive breakout.

“Dogecoin’s weekly Stochastic RSI signals a crossover in the oversold zone! Macro channel suggests $DOGE could target above $1.50 🚀” — Trader Tardigrade (@TATrader_Alan) Feb 19, 2025

If his prediction holds, that would mean an explosive 500% rally from Dogecoin’s current price levels.

For those unfamiliar, Stochastic RSI measures the RSI’s position relative to its high-low range over a period, essentially acting as a signal for whether RSI itself is overbought or oversold.

Market Interest Fades, But Is It a Reset?

While whale inactivity lingers, speculative interest in Dogecoin futures has also tanked. Data from Coinglass shows that Open Interest in Dogecoin futures has collapsed by 53% this month, meaning traders aren’t betting on major moves anytime soon.

Some analysts have called this a “meme-pocalypse”, noting that meme coins across the board have taken a beating. But is this a full-blown collapse or just a healthy reset before the next cycle?

For now, all eyes remain on DOGE—whales are quiet, traders are hesitant, and the market waits. But if Tardigrade’s bullish call is right, a parabolic surge might just be around the corner.

Tags: Ali MartinezCoinglassIntoTheBlockMemecoinTrader Tardigrade
Tweet3ShareShare5

DON'T MISS THESE! HOT OFF THE PRESS

SharpLink Gaming Unveils $1 Billion Plan for Ethereum Treasury: Are You Still Early?
Crypto

SharpLink Gaming Unveils $1 Billion Plan for Ethereum Treasury: Are You Still Early?

May 31, 2025
Yuga Labs Sells Off Moonbirds IP to Double Down on Bored Apes and Otherside — Bullish Signal for BAYC?
Crypto

Yuga Labs Sells Off Moonbirds IP to Double Down on Bored Apes and Otherside — Bullish Signal for BAYC?

May 30, 2025
These 3 Cryptos Could Become Industry Standards in the Next 5 Years
Bitcoin

These 3 Cryptos Could Become Industry Standards in the Next 5 Years

May 30, 2025
These 3 Crypto Coins Could SKYROCKET in the Next 3 Months: Still Early
Crypto

These 3 Crypto Coins Could SKYROCKET in the Next 3 Months: Still Early

May 30, 2025
BTC AT RISK: Quantum Tech Threatens Bitcoin’s Security, Warns Billionaire Chamath Palihapitiya
Bitcoin

BTC AT RISK: Quantum Tech Threatens Bitcoin’s Security, Warns Billionaire Chamath Palihapitiya

May 30, 2025
JPMorgan Issues Bearish Outlook on Ethereum: Should You Sell or Buy?
Crypto

JPMorgan Issues Bearish Outlook on Ethereum: Should You Sell or Buy?

May 30, 2025
Load More

Related News

SharpLink Gaming Unveils $1 Billion Plan for Ethereum Treasury: Are You Still Early?

SharpLink Gaming Unveils $1 Billion Plan for Ethereum Treasury: Are You Still Early?

May 31, 2025
Elon Musk Steps Down from DOGE, Remains Trump Advisor

Elon Musk Steps Down from DOGE, Remains Trump Advisor

May 30, 2025
Yuga Labs Sells Off Moonbirds IP to Double Down on Bored Apes and Otherside — Bullish Signal for BAYC?

Yuga Labs Sells Off Moonbirds IP to Double Down on Bored Apes and Otherside — Bullish Signal for BAYC?

May 30, 2025
These 3 Cryptos Could Become Industry Standards in the Next 5 Years

These 3 Cryptos Could Become Industry Standards in the Next 5 Years

May 30, 2025
These 3 Crypto Coins Could SKYROCKET in the Next 3 Months: Still Early

These 3 Crypto Coins Could SKYROCKET in the Next 3 Months: Still Early

May 30, 2025
Discord Twitter Youtube TikTok Instagram

BLOCKNEWS.COM

BlockNews

BlockNews.com is your premier source for real-time cryptocurrency, blockchain, and financial market news.

Our mission is to deliver accurate, timely, and insightful information to help both seasoned investors and newcomers navigate the evolving digital economy.

With in-depth analysis, exclusive insights, and up-to-date news, BlockNews.com keeps you informed on the latest trends in crypto, DeFi, NFTs, tech, and beyond.

Stay ahead of the herd with BlockNews.com

RESOURCES

  • About
  • Contact Us
  • Terms and Conditions
  • Privacy Policy

POPULAR TOPICS

$ADA $XRP AI Avalanche Binance Bitcoin Bitcoin ETF blackrock Blockchain BTC Business Cardano China Coinbase Coinglass crypto cryptocurrency Crypto Exchange Crypto Regulation DeFi Dogecoin Donald Trump Elon Musk ETF eth ethereum Federal Reserve FTX grayscale Memecoin metaverse Microstrategy NFT NFTs PEPE ripple sec Shiba Inu Solana Stablecoin Technology twitter US Web3 xrp

GET QUICKER UPDATES ON X

© 2022-2025 BlockNews.com - Crypto and NFT news website by Aiur Labs.

No Result
View All Result
  • Home
  • Crypto
  • Memecoins
  • Technology
  • Politics
  • Finance
  • NFT
  • DeFi
  • Opinion

© 2022-2025 BlockNews.com - Crypto and NFT news website by Aiur Labs.