The Dogecoin price broke past $0.20 resistance for the first time in 3 weeks and now DOGE holders wait whether it’s possible to flip this resistance in the support in the next few days.
Ali Martinez reported huge Dogecoin whale accumulation on X to his 134k followers, let’s see what happened exactly.
Meanwhile, new meme coin Solaxy with huge utility for the Solana network is gearing up for a huge launch in a few weeks.
Dogecoin Whales Accumulate
Let’s break down what’s really been happening with Dogecoin. Between March 4 and 7, the DOGE price spiked up, getting everyone excited. But that didn’t last long. Around March 8 and 9, things got messy. The price took a sharp nosedive, dropping from its peak of about $0.24.
For the next couple of weeks, Dogecoin settled into a pretty calm zone. It hovered between $0.15 and $0.17, giving traders a bit of a breather. But something interesting was brewing beneath the surface.
While most people were watching the price, crypto whales were making their moves. Despite the price drop, these big players started accumulating the biggest meme coin. From March 9 onwards, they quietly increased their holdings from 10.3 billion to 10.5 billion DOGE. That’s about 200 million tokens added to their stash.
Whales have accumulated over 200 million #Dogecoin $DOGE in the past two weeks, showing strong confidence despite recent volatility. pic.twitter.com/hWtzq7BtYP
— Ali (@ali_charts) March 25, 2025
Here’s the interesting part: while smaller investors might have been panicking and selling, these whales saw an opportunity. They kept buying when others were scared. And it looks like they might have been right. Around March 23, the Dogecoin price started climbing again, breaking through the $0.20 mark today.
This is classic whale behavior. They’re not fazed by short-term price swings. Instead, they’re looking at the bigger picture, buying when prices are low and potentially setting up for a future price surge.
Why Could Solaxy be The Best Meme Coin to Buy Now
Solaxy is trying to solve some real headaches for the Solana network. Think of them as tech doctors for blockchain, diagnosing and fixing network problems.
Right now, Solana sometimes struggles with congestion. Transactions can fail, and things can get slow. Solaxy is building a layer-2 solution to fix these issues. It’s like adding an express lane to a crowded highway.
Here’s how they’re doing it. First, they move most transactions off Solana’s main network. This reduces congestion and makes everything run smoother. They’ve created a way to process transactions faster and cheaper, which is a big deal for crypto traders.
Moreover, Solaxy is building bridges between Solana and Ethereum. This means easier movement of assets between two of the biggest crypto networks. It’s like creating a direct road between two major cities.
They’ve raised over $28 million in their presale for the native token ‘SOLX’. Compare that to Pepe Unchained, which raised $60 million and saw an 8x return after launch. Solaxy is currently priced at just $0.001674, which could mean massive potential for early investors.
They use some pretty smart techniques. They bundle transactions together, which helps reduce costs. They’ve also built in predictive tools to spot potential network issues before they happen. It’s like having a crystal ball for blockchain performance.
Right now, Solana is one of the hottest networks in crypto. If Solaxy can deliver on its promises, they could be perfectly positioned for a major breakout in the coming weeks.
Read also: We Asked AI to Predict Which Altcoin Is the Better Pick Now – XCN or Solaxy (SOLX)
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