Musk Returns to Crypto Timeline, Dogecoin (DOGE) On-Chain Data Shows It's in "Strong Buy Zone"
Dogecoin (DOGE) has regained media attention after Musk reacted to an old tweet. Data from on-chain analytics firm Santiment Intelligence shows that DOGE's 365-day MVRV ratio has fallen to -19.26%, indicating that most one-year holders are in an unrealized loss position, a level classified by Sanbase as a "strong buy zone." Simultaneously, Whale Alert monitored 250 million DOGE (approximately $23.21 million) transferred from an anonymous wallet to Binance.
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Source:U.Today · Source Link
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