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The shelves are about to be emptied
Put out the cigarette, and the on-chain data blew up! On April 7, someone directly moved $90 million worth of DOGE on-chain, putting it all into a cold wallet. Since March 31, whales have cumulatively bought more than 500 million DOGE, worth about $80 million, yet the price has still been hovering around 0.09 with no change. This is a textbook-level “whale divergence.” The last time this kind of signal appeared, Dogecoin surged by 800%.
At the same time, Musk confirmed in person that X Money will go into public testing tomorrow, with native support for DOGE payments, covering 600 million users. Binance’s CEO also confirmed that 21 million merchants have integrated the payment system. With 600 million users, even if only 1% use DOGE to pay, that’s 6 million active users—$60 million in on-chain transaction volume every month.