
Whales have been buying up 140 million Doge coins since the previous months resulting in a 600% potential price increase due to their growing token holdings which increased from 8.85 billion to 8.99 billion. Data from Mean Dollar Invested Age (MDIA) tracking shows investors currently maintain their positions for 116 days instead of the 71-day period from December and they hold onto their coins with hope that prices will recover.