Dogecoin sees price surge with increased retail activity and whale re-entry

Dogecoin is experiencing a market surge as retail wallet holdings rise and 108 whale accounts re-enter the market, pushing the memecoin above $0.40, its highest in over three years, according to The Crypto Basic citing Santiment data. Report shows a significant increase in wallets holding less than 100,000 DOGE, while larger accounts have slightly declined. Outflows from exchanges are also up, with a 157.64% rise in the last 24 hours, indicating strong accumulation. Analysts suggest a potential parabolic growth, with technical indicators pointing to possible price targets as high as $23.25 based on historical patterns.