Dogecoin Price Prediction: Is DOGE Ready to Hit $1 with Uptick In Whale Activity as JetBolt Skyrockets

The community’s inaugural meme coin has seen renewed interest as whale wallets accumulated over 1 billion DOGE this month. Currently trading at $0.20, DOGE’s surge underscores large-holder confidence, which raises the question: Is DOGE ready to hit $1 with its uptick in whale activity?

While an influx of Dogecoin price predictions saturate social media, an up-and-coming entrant is capturing whale attention: JetBolt (JBOLT). Boasting over 355 million tokens sold, JetBolt is making a strong case as this month’s top crypto coin.

Could Dogecoin break past its resistance levels and reach $1? What’s fueling JetBolt’s trailblazing presale? Read on and discover the latest key developments surrounding Dogecoin and JetBolt. 

Why is Dogecoin Up Today? Analyst Confirms Over $1B Monthly Whale Activity

Dogecoin’s whale activity picked up steam late this month, with large holders moving significant volumes and keeping the token’s price buoyant. With large wallets maintaining elevated holdings, the big question remains: could this spike in whale activity ultimately drive Dogecoin all the way to $1? 

DOGE peaked at $0.248 on May 23, but retraced to $0.227 the next day. However, Dogecoin’s 30-day performance paints a different picture. DOGE is up over 18%, settling at $0.2078 today as big wallets made their presence felt.

Whales accumulated over 1,000,000,000 DOGE within the past 30 days. Source: @ali_charts

Ali Martinez’s chart from Santiment shows that whales have accumulated between 100 million and 1 billion DOGE over the past month. This chart underlines how DOGE’s inflows have paralleled its 18% price gains throughout May.

Market observers suggest in their Dogecoin price predictions that if large holders keep stacking DOGE at this pace, the token could sustain its upward trend. However, reaching $1 means Dogecoin needs to climb roughly 380% from its current level. It’s a steep climb that would likely depend on the pup token’s broader market support and continued on-chain demand.

JetBolt Skyrockets Past 355M Tokens With Zero-Gas Tech and Instant Custody

JetBolt’s presale continues its impressive climb, now exceeding 355 million tokens sold and capturing attention across the crypto community. A key perk of its ongoing presale success are the Alpha Boxes. These bundles include discounts of up to 25% in extra tokens on batch purchases—fueling early momentum this end of May.

Meanwhile, JetBolt’s AI-powered news dashboard has become a go-to hub for entertainment crypto hub. It aggregates Web3 headlines and applies market sentiment tags.

On the transaction side, JetBolt’s Zero-Gas Technology and near-instant finality are seen as revolutionary in many respects thanks to the integration of skale blockchain tech. Coupled with instant custody, buyers can immediately stake their JBOLT tokens.\

You may also read: Can DOGE Recover and Touch $2 as JetBolt Presale Continues Epic Run

In Summary

Whale wallets have scooped up over 1 billion DOGE this month, driving on-chain volumes to multi-month highs and underpinning Dogecoin price predictions above $0.23. This surge in whale activity has made other blockchain experts question if it could propel Dogecoin toward $1. 

While the meme coin community ponders over Dogecoin’s whale activity, JetBolt’s presale has reported more than 355 million tokens sold. This young altcoin offers live usable features, much more than what many other meme coins can manage. Featuring Zero-Gas Technology, an AI-powered news dashboard, and gamified staking, JetBolt delivers a smooth and fresh experience.

Visit jetbolt.io to learn more about JetBolt’s innovative features and its trailblazing presale. 

This content doesn’t constitute investment or cryptocurrency-buying advice. Readers should verify facts independently and weigh their own objectives. Assess your risk tolerance and understand all the risks at play before making any crypto-related decisions.