{"id":574826,"date":"2024-02-13T13:30:05","date_gmt":"2024-02-13T13:30:05","guid":{"rendered":"https:\/\/wncen.com\/?p=574826"},"modified":"2024-06-11T08:15:41","modified_gmt":"2024-06-11T08:15:41","slug":"dogecoin-whale-transaction-stats-spell-trouble-despite-ongoing-crypto-rally","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/dogecoin\/dogecoin-whale-transaction-stats-spell-trouble-despite-ongoing-crypto-rally\/","title":{"rendered":"These Dogecoin Whale Transaction Stats Spell Trouble Despite Ongoing Crypto Rally"},"content":{"rendered":"

Dogecoin’s <\/span>current metrics<\/span><\/a> point to a confused path as the broader crypto market <\/span>rallies<\/span><\/a> after Bitcoin crossed<\/span> the $50,000 level<\/span><\/a>. Dogecoin has been posting some gains along with the rest of the crypto market, but behind the scenes, the meme coin\u2019s transaction volume and whale transaction count have been discouraging.\u00a0<\/span><\/p>\n

Related Reading: Dogecoin Stuck In Limbo: Will Valentine\u2019s Day Bring Love (And Price Gains)?<\/a><\/div>\n

According to on-chain data first shared on social media platform X by crypto analyst Ali Martinez, Dogecoin has experienced a low transaction volume in the past few days, fueled by a drop in trading activity from large traders.\u00a0<\/span><\/p>\n

Dogecoin’s Transaction Volume And Whale Activity Drops<\/h2>\n

According to the Santiment data shared by Ali Martinez, DOGE has been posting<\/a> gains since February 6. Still, the whale transaction count and the total transaction volume have failed to rise. <\/span><\/p>\n

Notably, this gain has dwindled compared to the other major cryptocurrencies. As a result, Chainlink (LINK), which has <\/span>been on a bullish run<\/span><\/a>, was able to <\/span>displace DOGE out of the top 10<\/span><\/a> in terms of market cap rankings.<\/span><\/p>\n

This decline in whale activity indicates the current sentiment among large traders. Similarly, <\/span>data from IntoTheBlock<\/span><\/a> has reiterated a decline from this cohort of traders, as the number of daily transactions greater than $100,000 has failed to rise above 200 in the past few days. For comparison, daily transactions above $100,000 steadied above 1,000 throughout January.<\/span><\/p>\n

When activity drops, but prices rise, it\u2019s usually a sign that a rally isn\u2019t sustainable. This decline in activity suggests that fewer people are using Dogecoin for payments and transfers. Instead, Dogecoin seems to be catching up in the hype of the crypto market rally.\u00a0<\/span><\/p>\n

What Does This Mean for The Dogecoin Price Outlook?<\/h2>\n

Whales are known for their <\/span>ability to move markets<\/span><\/a> so that less activity could signal lower enthusiasm. As a result, Dogecoin\u2019s decreasing transaction volume and whale activity could signal some trouble for the meme cryptocurrency\u2019s value in the coming weeks, primarily as it relies heavily on hype and popularity to drive up its market price. <\/span><\/p>\n

At the time of writing, DOGE seems to be particularly facing resistance at the $0.083 price level.\u00a0<\/span>However, the decreased volume doesn’t necessarily mean Dogecoin is doomed, as the whale transaction count could pick back up shortly.\u00a0<\/span><\/p>\n

\"dogecoin
DOGE’s price trends sideways on the daily chart. Source: DOGEUSDT on Tradingview<\/strong><\/a><\/figcaption><\/figure>\n

The Dogecoin Foundation recently announced an ambitious 2024 roadmap in a recent blog post outlining the vision for the meme coin\u2019s future. The renewed dedication to improving Dogecoin\u2019s underlying technology, increasing its utility and mainstream adoption gives a glimmer of optimism.\u00a0<\/span><\/p>\n

Related Reading: Chainlink Takes Over Dogecoin In Key Metric As Mysterious Whale Pushes LINK Upwards<\/a><\/div>\n

At the time of writing, DOGE is trading at $0.08235, up by 2.39% in the past 24 hours. Failure to break out of the resistance at $0.083 could mean a reversal to the $0.0816 level.<\/span><\/p>\n

Cover image from Dall-E, chart from Tradingview<\/p>\n","protected":false},"excerpt":{"rendered":"

Dogecoin’s current metrics point to a confused path as the broader crypto market rallies after Bitcoin crossed the $50,000 level. Dogecoin has been posting some gains along with the rest of the crypto market, but behind the scenes, the meme coin\u2019s transaction volume and whale transaction count have been discouraging.\u00a0 Related Reading: Dogecoin Stuck In Limbo: Will Valentine\u2019s Day Bring Love (And Price Gains)? According to on-chain data first shared on social media platform X by crypto analyst Ali Martinez, Dogecoin has experienced a low transaction volume in the past few days, fueled by a drop in trading activity from large traders.\u00a0 Dogecoin’s Transaction Volume And Whale Activity Drops According to the Santiment data shared by Ali Martinez, DOGE has been posting gains since February 6. Still, the whale transaction count and the total transaction volume have failed to rise. Notably, this gain has dwindled compared to the other major cryptocurrencies. As a result, Chainlink (LINK), which has been on a bullish run, was able to displace DOGE out of the top 10 in terms of market cap rankings. This decline in whale activity indicates the current sentiment among large traders. Similarly, data from IntoTheBlock has reiterated a decline from this cohort of traders, as the number of daily transactions greater than $100,000 has failed to rise above 200 in the past few days. For comparison, daily transactions above $100,000 steadied above 1,000 throughout January. When activity drops, but prices rise, it\u2019s usually a sign that a rally isn\u2019t sustainable. This decline in activity suggests that fewer people are using Dogecoin for payments and transfers. Instead, Dogecoin seems to be catching up in the hype of the crypto market rally.\u00a0 What Does This Mean for The Dogecoin Price Outlook? Whales are known for their ability to move markets so that less activity could signal lower enthusiasm. As a result, Dogecoin\u2019s decreasing transaction volume and whale activity could signal some trouble for the meme cryptocurrency\u2019s value in the coming weeks, primarily as it relies heavily on hype and popularity to drive up its market price. At the time of writing, DOGE seems to be particularly facing resistance at the $0.083 price level.\u00a0However, the decreased volume doesn’t necessarily mean Dogecoin is doomed, as the whale transaction count could pick back up shortly.\u00a0 The Dogecoin Foundation recently announced an ambitious 2024 roadmap in a recent blog post outlining the vision for the meme coin\u2019s future. The renewed dedication to improving Dogecoin\u2019s underlying technology, increasing its utility and mainstream adoption gives a glimmer of optimism.\u00a0 Related Reading: Chainlink Takes Over Dogecoin In Key Metric As Mysterious Whale Pushes LINK Upwards At the time of writing, DOGE is trading at $0.08235, up by 2.39% in the past 24 hours. Failure to break out of the resistance at $0.083 could mean a reversal to the $0.0816 level. Cover image from Dall-E, chart from Tradingview<\/p>\n","protected":false},"author":594,"featured_media":574830,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[83685],"tags":[1785,7,1804,89722,79600],"class_list":["post-574826","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-dogecoin","tag-doge","tag-dogecoin","tag-dogecoin-price","tag-dogecoin-price-prediction","tag-dogeusdt"],"acf":[],"yoast_head":"\nThese Dogecoin Whale Transaction Stats Spell Trouble Despite Ongoing Crypto Rally<\/title>\n<meta name=\"description\" content=\"The Dogecoin current metrics point to a confused path as the broader crypto market rallies after Bitcoin crosses\u00a0over $50,000.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wncen.com\/news\/dogecoin\/dogecoin-whale-transaction-stats-spell-trouble-despite-ongoing-crypto-rally\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"These Dogecoin Whale Transaction Stats Spell Trouble Despite Ongoing Crypto Rally\" \/>\n<meta property=\"og:description\" content=\"The Dogecoin current metrics point to a confused path as the broader crypto market rallies after Bitcoin crosses\u00a0over $50,000.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wncen.com\/news\/dogecoin\/dogecoin-whale-transaction-stats-spell-trouble-despite-ongoing-crypto-rally\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2024-02-13T13:30:05+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-11T08:15:41+00:00\" \/>\n<meta name=\"author\" content=\"Scott Matherson\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/wncen.com\/wp-content\/uploads\/2024\/02\/dogecoin-doge-dogeusdt-shiba-inu-shib-predictio.png?fit=1031%2C1040\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/twitter.com\/MathersonScott\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Scott Matherson\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/wncen.com\/news\/dogecoin\/dogecoin-whale-transaction-stats-spell-trouble-despite-ongoing-crypto-rally\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/news\/dogecoin\/dogecoin-whale-transaction-stats-spell-trouble-despite-ongoing-crypto-rally\/\"},\"author\":{\"name\":\"Scott Matherson\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/b728e21249a8147d980445b0ee98f18d\"},\"headline\":\"These Dogecoin Whale Transaction Stats Spell Trouble Despite Ongoing Crypto Rally\",\"datePublished\":\"2024-02-13T13:30:05+00:00\",\"dateModified\":\"2024-06-11T08:15:41+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/dogecoin\/dogecoin-whale-transaction-stats-spell-trouble-despite-ongoing-crypto-rally\/\"},\"wordCount\":507,\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/dogecoin\/dogecoin-whale-transaction-stats-spell-trouble-despite-ongoing-crypto-rally\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2024\/02\/dogecoin-doge-dogeusdt-shiba-inu-shib-predictio.png?fit=1031%2C1040\",\"keywords\":[\"doge\",\"Dogecoin\",\"dogecoin price\",\"Dogecoin Price Prediction\",\"dogeusdt\"],\"articleSection\":[\"Dogecoin\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2024\",\"copyrightHolder\":{\"@id\":\"https:\/\/wncen.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/wncen.com\/news\/dogecoin\/dogecoin-whale-transaction-stats-spell-trouble-despite-ongoing-crypto-rally\/\",\"url\":\"https:\/\/wncen.com\/news\/dogecoin\/dogecoin-whale-transaction-stats-spell-trouble-despite-ongoing-crypto-rally\/\",\"name\":\"These Dogecoin Whale Transaction Stats Spell Trouble Despite Ongoing Crypto Rally\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/dogecoin\/dogecoin-whale-transaction-stats-spell-trouble-despite-ongoing-crypto-rally\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/dogecoin\/dogecoin-whale-transaction-stats-spell-trouble-despite-ongoing-crypto-rally\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2024\/02\/dogecoin-doge-dogeusdt-shiba-inu-shib-predictio.png?fit=1031%2C1040\",\"datePublished\":\"2024-02-13T13:30:05+00:00\",\"dateModified\":\"2024-06-11T08:15:41+00:00\",\"description\":\"The Dogecoin current metrics point to a confused path as the broader crypto market rallies after Bitcoin crosses\u00a0over $50,000.\",\"breadcrumb\":{\"@id\":\"https:\/\/wncen.com\/news\/dogecoin\/dogecoin-whale-transaction-stats-spell-trouble-despite-ongoing-crypto-rally\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/wncen.com\/news\/dogecoin\/dogecoin-whale-transaction-stats-spell-trouble-despite-ongoing-crypto-rally\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/news\/dogecoin\/dogecoin-whale-transaction-stats-spell-trouble-despite-ongoing-crypto-rally\/#primaryimage\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2024\/02\/dogecoin-doge-dogeusdt-shiba-inu-shib-predictio.png?fit=1031%2C1040\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2024\/02\/dogecoin-doge-dogeusdt-shiba-inu-shib-predictio.png?fit=1031%2C1040\",\"width\":1031,\"height\":1040,\"caption\":\"dogecoin doge dogeusdt shiba inu shib prediction\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/wncen.com\/news\/dogecoin\/dogecoin-whale-transaction-stats-spell-trouble-despite-ongoing-crypto-rally\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/wncen.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"These Dogecoin Whale Transaction Stats Spell Trouble Despite Ongoing Crypto Rally\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/wncen.com\/#website\",\"url\":\"https:\/\/wncen.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin & Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/wncen.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/wncen.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/wncen.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/b728e21249a8147d980445b0ee98f18d\",\"name\":\"Scott Matherson\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/3d21ae3d2529ce2df4466b61ea80b449?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/3d21ae3d2529ce2df4466b61ea80b449?s=96&d=mm&r=g\",\"caption\":\"Scott Matherson\"},\"description\":\"Scott Matherson is a prominent crypto writer at NewsBTC with a knack for capturing the pulse of the market, covering pivotal shifts, technological advancements, and regulatory changes with precision. Having witnessed the evolving landscape of the crypto world firsthand, Scott is able to dissect complex crypto topics and present them in an accessible and engaging manner. Scott's dedication to clarity and accuracy has made him an indispensable asset, helping to demystify the complex world of cryptocurrency for countless readers. Scott\u2019s experience spans a number of industries outside of crypto including banking and investment. He has brought his vast experience from these industries into crypto, which allows him to understand even the most complex topics and break them down in a way that is easy for readers from all works of life to understand. Scott\u2019s pieces have helped to break down cryptocurrency processes and how they work, as well as the underlying groundbreaking technology that makes them so important to everyday life. With years of experience in the crypto market, Scott began to focus on his true passion: writing. During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion across various important topics. His repertoire spans hundreds of articles on various sectors in the crypto industry, including decentralized finance (DeFi), decentralized exchanges (DEXes), Staking, Liquid Staking, emerging technologies, and non-fungible tokens (NFTs), among others. Scott\u2019s influence is not just limited to the countless discussions that his publications have sparked but also as a consultant for major projects in the space. He has consulted on issues ranging from crypto regulations to new technology deployment. Scott\u2019s expertise also spans community building and contributes to a number of causes to further the development of the crypto industry. Scott is an advocate for sustainable practices within the crypto industry and has championed discussions around green blockchain solutions. His ability to keep in line with market trends has made his work a favorite among crypto investors. In his personal life, Scott is an avid traveler and his exposure to the world and various way of life has helped him to understand how important technologies like the blockchain and cryptocurrencies are. This has been key in his understanding of its global impact, as well as his ability to connect socio-economic developments to technological trends around the globe like no one else. Scott is known for his work in community education to help people understand crypto technology and how its existence impacts their lives. He is a well-respected figure in his community, known for his work in helping to enlighten and inspire the next generation as they channel their energies into pressing issues. His work is a testament to his dedication and commitment to education and innovation, as well as the promotion of ethical practices in the rapidly developing world of cryptocurrencies. Scott stands steady in the frontlines of the crypto revolution and is committed to helping to shape a future that promotes the development of technology in an ethical manner that translates to the benefit of all in the society.\",\"sameAs\":[\"https:\/\/x.com\/https:\/\/twitter.com\/MathersonScott\"],\"url\":\"https:\/\/wncen.com\/author\/mathersonscott1\/\"}]}<\/script>\n","yoast_head_json":{"title":"These Dogecoin Whale Transaction Stats Spell Trouble Despite Ongoing Crypto Rally","description":"The Dogecoin current metrics point to a confused path as the broader crypto market rallies after Bitcoin crosses\u00a0over $50,000.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/wncen.com\/news\/dogecoin\/dogecoin-whale-transaction-stats-spell-trouble-despite-ongoing-crypto-rally\/","og_locale":"en_US","og_type":"article","og_title":"These Dogecoin Whale Transaction Stats Spell Trouble Despite Ongoing Crypto Rally","og_description":"The Dogecoin current metrics point to a confused path as the broader crypto market rallies after Bitcoin crosses\u00a0over $50,000.","og_url":"https:\/\/wncen.com\/news\/dogecoin\/dogecoin-whale-transaction-stats-spell-trouble-despite-ongoing-crypto-rally\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2024-02-13T13:30:05+00:00","article_modified_time":"2024-06-11T08:15:41+00:00","author":"Scott Matherson","twitter_card":"summary_large_image","twitter_image":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/02\/dogecoin-doge-dogeusdt-shiba-inu-shib-predictio.png?fit=1031%2C1040","twitter_creator":"@https:\/\/twitter.com\/MathersonScott","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Scott Matherson","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/wncen.com\/news\/dogecoin\/dogecoin-whale-transaction-stats-spell-trouble-despite-ongoing-crypto-rally\/#article","isPartOf":{"@id":"https:\/\/wncen.com\/news\/dogecoin\/dogecoin-whale-transaction-stats-spell-trouble-despite-ongoing-crypto-rally\/"},"author":{"name":"Scott Matherson","@id":"https:\/\/wncen.com\/#\/schema\/person\/b728e21249a8147d980445b0ee98f18d"},"headline":"These Dogecoin Whale Transaction Stats Spell Trouble Despite Ongoing Crypto Rally","datePublished":"2024-02-13T13:30:05+00:00","dateModified":"2024-06-11T08:15:41+00:00","mainEntityOfPage":{"@id":"https:\/\/wncen.com\/news\/dogecoin\/dogecoin-whale-transaction-stats-spell-trouble-despite-ongoing-crypto-rally\/"},"wordCount":507,"publisher":{"@id":"https:\/\/wncen.com\/#organization"},"image":{"@id":"https:\/\/wncen.com\/news\/dogecoin\/dogecoin-whale-transaction-stats-spell-trouble-despite-ongoing-crypto-rally\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/02\/dogecoin-doge-dogeusdt-shiba-inu-shib-predictio.png?fit=1031%2C1040","keywords":["doge","Dogecoin","dogecoin price","Dogecoin Price Prediction","dogeusdt"],"articleSection":["Dogecoin"],"inLanguage":"en-US","copyrightYear":"2024","copyrightHolder":{"@id":"https:\/\/wncen.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/wncen.com\/news\/dogecoin\/dogecoin-whale-transaction-stats-spell-trouble-despite-ongoing-crypto-rally\/","url":"https:\/\/wncen.com\/news\/dogecoin\/dogecoin-whale-transaction-stats-spell-trouble-despite-ongoing-crypto-rally\/","name":"These Dogecoin Whale Transaction Stats Spell Trouble Despite Ongoing Crypto Rally","isPartOf":{"@id":"https:\/\/wncen.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/wncen.com\/news\/dogecoin\/dogecoin-whale-transaction-stats-spell-trouble-despite-ongoing-crypto-rally\/#primaryimage"},"image":{"@id":"https:\/\/wncen.com\/news\/dogecoin\/dogecoin-whale-transaction-stats-spell-trouble-despite-ongoing-crypto-rally\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/02\/dogecoin-doge-dogeusdt-shiba-inu-shib-predictio.png?fit=1031%2C1040","datePublished":"2024-02-13T13:30:05+00:00","dateModified":"2024-06-11T08:15:41+00:00","description":"The Dogecoin current metrics point to a confused path as the broader crypto market rallies after Bitcoin crosses\u00a0over $50,000.","breadcrumb":{"@id":"https:\/\/wncen.com\/news\/dogecoin\/dogecoin-whale-transaction-stats-spell-trouble-despite-ongoing-crypto-rally\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/wncen.com\/news\/dogecoin\/dogecoin-whale-transaction-stats-spell-trouble-despite-ongoing-crypto-rally\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/news\/dogecoin\/dogecoin-whale-transaction-stats-spell-trouble-despite-ongoing-crypto-rally\/#primaryimage","url":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/02\/dogecoin-doge-dogeusdt-shiba-inu-shib-predictio.png?fit=1031%2C1040","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/02\/dogecoin-doge-dogeusdt-shiba-inu-shib-predictio.png?fit=1031%2C1040","width":1031,"height":1040,"caption":"dogecoin doge dogeusdt shiba inu shib prediction"},{"@type":"BreadcrumbList","@id":"https:\/\/wncen.com\/news\/dogecoin\/dogecoin-whale-transaction-stats-spell-trouble-despite-ongoing-crypto-rally\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/wncen.com\/"},{"@type":"ListItem","position":2,"name":"These Dogecoin Whale Transaction Stats Spell Trouble Despite Ongoing Crypto Rally"}]},{"@type":"WebSite","@id":"https:\/\/wncen.com\/#website","url":"https:\/\/wncen.com\/","name":"NewsBTC","description":"Bitcoin & Cryptocurrency News Today","publisher":{"@id":"https:\/\/wncen.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/wncen.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/wncen.com\/#organization","name":"NewsBTC","url":"https:\/\/wncen.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/","url":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/wncen.com\/#\/schema\/person\/b728e21249a8147d980445b0ee98f18d","name":"Scott Matherson","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/3d21ae3d2529ce2df4466b61ea80b449?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/3d21ae3d2529ce2df4466b61ea80b449?s=96&d=mm&r=g","caption":"Scott Matherson"},"description":"Scott Matherson is a prominent crypto writer at NewsBTC with a knack for capturing the pulse of the market, covering pivotal shifts, technological advancements, and regulatory changes with precision. Having witnessed the evolving landscape of the crypto world firsthand, Scott is able to dissect complex crypto topics and present them in an accessible and engaging manner. Scott's dedication to clarity and accuracy has made him an indispensable asset, helping to demystify the complex world of cryptocurrency for countless readers. Scott\u2019s experience spans a number of industries outside of crypto including banking and investment. He has brought his vast experience from these industries into crypto, which allows him to understand even the most complex topics and break them down in a way that is easy for readers from all works of life to understand. Scott\u2019s pieces have helped to break down cryptocurrency processes and how they work, as well as the underlying groundbreaking technology that makes them so important to everyday life. With years of experience in the crypto market, Scott began to focus on his true passion: writing. During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion across various important topics. His repertoire spans hundreds of articles on various sectors in the crypto industry, including decentralized finance (DeFi), decentralized exchanges (DEXes), Staking, Liquid Staking, emerging technologies, and non-fungible tokens (NFTs), among others. Scott\u2019s influence is not just limited to the countless discussions that his publications have sparked but also as a consultant for major projects in the space. He has consulted on issues ranging from crypto regulations to new technology deployment. Scott\u2019s expertise also spans community building and contributes to a number of causes to further the development of the crypto industry. Scott is an advocate for sustainable practices within the crypto industry and has championed discussions around green blockchain solutions. His ability to keep in line with market trends has made his work a favorite among crypto investors. In his personal life, Scott is an avid traveler and his exposure to the world and various way of life has helped him to understand how important technologies like the blockchain and cryptocurrencies are. This has been key in his understanding of its global impact, as well as his ability to connect socio-economic developments to technological trends around the globe like no one else. Scott is known for his work in community education to help people understand crypto technology and how its existence impacts their lives. He is a well-respected figure in his community, known for his work in helping to enlighten and inspire the next generation as they channel their energies into pressing issues. His work is a testament to his dedication and commitment to education and innovation, as well as the promotion of ethical practices in the rapidly developing world of cryptocurrencies. Scott stands steady in the frontlines of the crypto revolution and is committed to helping to shape a future that promotes the development of technology in an ethical manner that translates to the benefit of all in the society.","sameAs":["https:\/\/x.com\/https:\/\/twitter.com\/MathersonScott"],"url":"https:\/\/wncen.com\/author\/mathersonscott1\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"These Dogecoin Whale Transaction Stats Spell Trouble Despite Ongoing Crypto Rally","url":"http:\/\/wncen.com\/news\/dogecoin\/dogecoin-whale-transaction-stats-spell-trouble-despite-ongoing-crypto-rally\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/dogecoin\/dogecoin-whale-transaction-stats-spell-trouble-despite-ongoing-crypto-rally\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/02\/dogecoin-doge-dogeusdt-shiba-inu-shib-predictio.png?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/02\/dogecoin-doge-dogeusdt-shiba-inu-shib-predictio.png?fit=1031%2C1040"},"articleSection":"Dogecoin","author":[{"@type":"Person","name":"Scott Matherson"}],"creator":["Scott Matherson"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["doge","dogecoin","dogecoin price","dogecoin price prediction","dogeusdt"],"dateCreated":"2024-02-13T13:30:05Z","datePublished":"2024-02-13T13:30:05Z","dateModified":"2024-06-11T08:15:41Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"These Dogecoin Whale Transaction Stats Spell Trouble Despite Ongoing Crypto Rally\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/dogecoin\\\/dogecoin-whale-transaction-stats-spell-trouble-despite-ongoing-crypto-rally\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/dogecoin\\\/dogecoin-whale-transaction-stats-spell-trouble-despite-ongoing-crypto-rally\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2024\\\/02\\\/dogecoin-doge-dogeusdt-shiba-inu-shib-predictio.png?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2024\\\/02\\\/dogecoin-doge-dogeusdt-shiba-inu-shib-predictio.png?fit=1031%2C1040\"},\"articleSection\":\"Dogecoin\",\"author\":[{\"@type\":\"Person\",\"name\":\"Scott Matherson\"}],\"creator\":[\"Scott Matherson\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"doge\",\"dogecoin\",\"dogecoin price\",\"dogecoin price prediction\",\"dogeusdt\"],\"dateCreated\":\"2024-02-13T13:30:05Z\",\"datePublished\":\"2024-02-13T13:30:05Z\",\"dateModified\":\"2024-06-11T08:15:41Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/02\/dogecoin-doge-dogeusdt-shiba-inu-shib-predictio.png?fit=1031%2C1040","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/574826"}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/594"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=574826"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/574826\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/574830"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=574826"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=574826"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=574826"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}