Dogecoin Price Prediction — A Rebound to $0.30 is Imminent, Whales Buy 20 Billion Dogecoins!

An expert stated that despite Dogecoin's price falling by 6%, it still maintains a bullish double bottom pattern, with a target price of $0.30.

In the past week, whales have purchased over 20 billion Dogecoins [DOGE], indicating that despite recent fluctuations triggered by the U.S. PPI report, market confidence remains strong.

This volatility has persisted for over seven days, with the price hovering between $0.22 and $0.247.

As of the time of this report, the trading price of Dogecoin is $0.23, having dropped 6% in the last 24 hours.

Despite the price pressure, traders and investors continue to show strong participation, with trading volume surging by 20%.