Dogecoin FOMO Incoming? August Catalysts to Watch Closely

Any investor who was active through the 2021 or 2024 market cycles understands how intense Dogecoin (DOGE) FOMO can be. With the market rebounding in August and altcoin market capitalization surpassing $1 trillion, the question arises: could such a frenzy return? Several notable August data points are fueling optimism among DOGE investors. DOGE Accumulation by Both Retail and Whale Investors CoinMarketCap data shows that DOGE’s 24-hour trading volume recently surpassed $4 billion — a 100% increase from the average since the start of the month. According to Whale Insider, DOGE dominates South Korea’s retail trading market, with volumes hitting $300 million and surpassing XRP source: https://beincrypto.com/factors-that-could-trigger-doge-fomo-in-august/