Dogecoin whales are dumping and the charts are flashing red. Is a bearish Dogecoin price prediction now unavoidable?
Just three days ago, House of Doge – the corporate arm of the Dogecoin project backed by its Foundation and community – announced plans to merge with a Nasdaq-listed company and launch its own treasury.
But despite the bullish headline, on-chain data paints a different picture.
Large holders have been rapidly exiting their positions. Net position change data shows an aggressive sell-off trend, with whale wallets offloading 360 million DOGE, worth approximately $74 million.
This likely coincided with the broader flash crash across the market, but the scale of Dogecoin-specific selling is hard to ignore.
Dogecoin Price Prediction: Key Trend Line Bounce Still Favors Bullish Outlook
Dogecoin (DOGE) just bounced off a key trend line, signaling strong buyer support even as whales continue to sell.
The token is holding steady at $0.20, with volumes spiking to 10% of its circulating supply. If DOGE clears the $0.22 resistance, it could be the start of a major rally to $0.45 or higher.
That said, if large holders keep dumping, a break below trend line support could open the door to $0.14 or even $0.12.
Still, history shows that dog-themed tokens have outperformed across multiple cycles.
Now, a new crypto presale is gaining traction fast: Maxi Doge ($MAXI), an early-stage project positioning itself as Dogecoin’s overhyped brother and backed by a fully degen trading bot fund.
Early buyers are rushing in while it’s still below radar.
Maxi Doge ($MAXI): The Next-Gen Dogecoin That’s Built Different
Maxi Doge ($MAXI) is what happens when you take Dogecoin’s energy, crank it up with Red Bull, and throw it headfirst into a bull market.
This isn’t just another meme coin – it’s built for degens, traders, and meme lovers who believe in going hard or going home.
With trading contests, community-driven hype, and real rewards, $MAXI fuels its holders with more than just vibes.
But here’s where it gets wild:
25% of all presale funds are used to invest in other tokens with massive potential.
Yes, seriously. Any gains from that degen fund go straight into marketing and partnerships – pushing $MAXI further into the spotlight.
So far, over $3.6 million has been raised, and momentum is building fast.
To grab your bag before the next price hike, go to the official Maxi Doge site, connect your wallet (like Best Wallet).
You can swap ETH or USDT – or use a bank card to invest directly.
Buy MAXI Here.
The post Dogecoin Price Prediction: Huge Sell-Off After NASDAQ News – Is This the Calm Before the Next Big Move? appeared first on Cryptonews.
