After experiencing a period of volatility, Dogecoin has shown a remarkable rebound, attributed in large part to the accumulation of substantial holdings by cryptocurrency "whales"—those with significant amounts of capital to invest. As these influential investors capitalize on current market conditions, many traders are also closely monitoring the situation for signs of a potential breakout, indicating a sharp upward movement in price that could attract even more interest and investment in this popular cryptocurrency.
source: https://blocknews.com/dogecoin-rebounds-as-whales-pile-in-and-traders-eye-a-breakout/