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Dogecoin and Shiba Inu Whales: Significant Purchases Amid Market Changes

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by Giorgi Kostiuk

2 hours ago


Recent shifts in the cryptocurrency market have drawn attention to Dogecoin (DOGE) and Shiba Inu (SHIB), as notable whale activity captures trader interest. Analyzing recent purchases and strategies highlights the growing interest in these tokens.

Dogecoin Price Update: Corporate Support Drives Optimism

Bit Origin's recent move to purchase 40.5 million DOGE as part of a $500 million treasury plan has attracted the focus of analysts and crypto enthusiasts. This step refreshes interest in DOGE and brings its price closer to the $0.29 resistance level. Analysts predict that if this level is broken, DOGE could reach $0.44.

Shiba Inu Whale Activity: $64m In Purchases After Significant Drop

Following a 12.5% decline in SHIB's price, whales stepped in, acquiring 4.66 trillion tokens worth around $63.7 million. This helped stabilize the token's price and prevented further dips. Market analysts note that whale purchases at key support levels might indicate intentions for price recovery.

Spartans Expanding: Fiat Payments, Spanish Support, And More Features

The Spartans platform provides a unique experience for DOGE and SHIB holders, allowing them to control their assets without intermediaries or delays. The platform is working on new features including fiat payment support and affiliate tools, aiming to enhance user experience.

Whale activity in the Dogecoin and Shiba Inu markets reflects confidence in the future of these tokens. Interest in Spartans as a platform that supports fast and secure gaming underscores the growing significance of cryptocurrencies in the gambling sector.

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