D.O.G.E Rallies 16% As Pepe Coin Whale Spotted Accumulating Significant Amounts

The Department of Government Efficiency (D.O.G.E) meme coin has rebounded, with prominent advocate Unipcs suggesting the real rally is just starting.  

What Happened: Unipcs noted on Monday on X that the largest holder of Pepe PEPE/USD tokens is reportedly making big moves into D.O.G.E.

Despite D.O.G.E being down 88% from its all-time highs, the PEPE whale—known as dimethyltryptamine.eth—invested 97.22 ETH into D.O.G.E in a single transaction, signaling confidence in its future potential.

Crypto copy trader DrolbyGames explained that this whale is famous for buying PEPE tokens for just $52, which are now valued at over $20.5 million.

With nearly $19 million still tied to PEPE and newly linked to D.O.G.E, the question arises whether this whale know ssomething others don’t about this $45 million valuation meme coin.

Also Read: Department Of Government Efficiency Meme Coin Plummets 30% As Attention Pivots To TRUMP

What's Next:  Despite a 63% drop in the last month, crypto trader EuroSniper believes that D.O.G.E is gearing up for its real rally.

$DOGE – Department of Government Efficiency. Nearly x2 up from the lows already.

The start the real DOGE run🎯 pic.twitter.com/x39nXtFvMv

— €ｕｒｏＳｎｉｐｅｒ (@TheEuroSniper) February 10, 2025

Unipcs noted that 80-90% corrections are common for meme coins like Dogecoin DOGE/USD and Shiba Inu SHIB/USD, but the true test is whether the coin’s narrative remains strong.

In this case, D.O.G.E is hitting all the right notes with strong on-chain metrics and a dedicated community, setting the stage for a potential breakout.

With all these factors aligning, it seems that D.O.G.E is poised for growth, with Unipcs calling it a coin "hitting all the right notes."

Read Next:  

• TRUMP, SHIB, DOGE or XRP — What’s Your Best Bet In A New Trading Week? Here’s What The Indicators Tell Us

Image: Shutterstock