In the past two days, Dogecoin's popularity has reached its peak, with two large capital inflows entering the market within just 12 hours: first, a major holder directly bought 139 million coins, followed by another $30 million investment acquiring 218 million coins, totaling a fundraising scale of 357 million coins.

As the pioneer of MEME coins, Dogecoin's community consensus and grassroots support are naturally strong. Coupled with recent market enthusiasm, it has become a favorite among large investors. These big funds are making decisive moves, either because they are eyeing potential future positive developments or because they recognize its traffic appeal and community activity.

Currently, Dogecoin has experienced a slight increase. With whales locking in their holdings and market sentiment warming up, whether this rally can break through previous highs depends on the final market feedback.