Dogecoin whales explode 112%, but no breakout: What happens next?

Traders and large holders alike are showing signs of optimism; will Dogecoin follow through?

• DOGE whale accumulation surged 112%, showing renewed confidence despite modest price gains.
• Futures Funding Rates remain positive, showing traders are still betting on a breakout.

Dogecoin [DOGE] is back on the radar of major investors. Whale accumulation has jumped by 112% over the past week, a mammoth rise in interest from large holders.

Meanwhile, Futures traders are doubling down on long positions, showing strong conviction even as DOGE trails behind the broader crypto rally.

However, the memecoin has gone up 5% in the last 24 hours, hinting at early signs of momentum building.