Dogecoin Nothing More Than a Retail Rally Illusion?

🐶📈 Regardless of your take on meme coins, it has been impossible to ignore the ascension of crypto's top meme coin. In the past 4 weeks, there have been 74,885 more wallets holding less than 100K DOGE.

Meanwhile, shark and whale wallets are declining during this time, with a net drop of -350 in this same timeframe. Though 108 have returned in the past couple days to help spark this latest rally over $0.40 for the first in three and a half years.

Ideally, we want to see retail and key stakeholders accumulating speculative-driven coins like DOGE together. The next few days will be telling for sharks and whales to keep this momentum alive. 👀