A cloud of uncertainty again covers DOGE’s fate again after Elon Musk put his Twitter acquisition plans in jeopardy.
The price of the meme coin, firmly associated with Elon Musk, notably has not responded negatively as of now, hours after Musk announced withdrawal from the Twitter deal.
Yet many investors remain cautious about DOGE’s performance, not only due to the current shenanigans with Twitter but also because of the recent drop in active addresses and fewer actions this week. Still, the resilience of DOGE’s price remains pretty encouraging. Another important factor is the calmness of the biggest whales among DOGE holders. Their balances had the least activity during the last two weeks and even increased slightly, which sends an important signal to the market – holders of the largest stakes in DOGE believe that the coin is there to stay.
