Dogecoin whale wallets added $300M in August as meme coin frenzy grows. Analysts highlight MAGACOIN FINANCE as a hidden gem with supply scarcity and investor hype.Dogecoin whale wallets added $300M in August as meme coin frenzy grows. Analysts highlight MAGACOIN FINANCE as a hidden gem with supply scarcity and investor hype.

Dogecoin Whale Wallets Add $300M in August — Meme Coin Frenzy Builds With MAGACOIN FINANCE Buzz

2025/09/18 06:00
dogecoin-doge

According to the on-chain data, the meme coin leader has been confirmed once again by Dogecoin’s whale wallets, which added over $300 million worth of DOGE in August alone. According to analysts, this level of accumulation resembles the early stages of previous DOGE rallies. Whales are positioning themselves for a potential continuation of the meme coin cycle in late 2025. As a result, several coins are being touted now. Meanwhile, the memecoin frenzy is now all about MAGACOIN FINANCE, an early-stage altcoin that is expected to deliver similar returns to those of Dogecoin’s early days.

MAGACOIN

Dogecoin Whale Accumulation Sparks Frenzy

Data gathered by IntoTheBlock highlighted that wallets holding more than 10 million DOGE coins saw inflows in excess of 1.42 billion tokens during the month. Even though the larger market showed weakness, growing whale support for DOGE implies a belief in the long-term value of this token as a meme coin.

The latest forecasts are raising estimates that meme coins could certainly lead the next altcoin season. In addition, there’s more allocation taking place in high volatility tokens with community support.

Dogecoin Market Outlook

After strong support again near $0.20, DOGE is trading around $0.22. With any luck, we will see the digital asset breach the major key level of $0.25 in the not-so-distant future. After that, analysts see a new target at $0.30. A drop below $0.20 could take the token to retest $0.18. Nevertheless, demand remains strong at current levels due to whale accumulation.

The technical signals do not favour a particular direction with the RSI at neutral levels, also, the short-term EMAs show consolidation.  Nevertheless, the long-term outlook remains pro-Bitcoin, in light of the scale of whale inflows and persistent speculation around a possible Dogecoin ETF.

MAGACOIN FINANCE

MAGACOIN FINANCE: Buzz Builds Around Rising Meme Coin

While Dogecoin dominates headlines, MAGACOIN FINANCE is generating its own buzz as one of the hidden gems in the meme coin frenzy. Analysts say it combines the cultural energy of meme assets with fundamentals often missing in the sector, such as dual audits, a fixed token cap, and verified presale infrastructure.

Framed by many as one of the best meme coins to buy in 2025, MAGACOIN FINANCE benefits from a compelling scarcity and supply narrative. With only a limited token supply in circulation, its design contrasts with inflationary meme coins and appeals to investors looking for asymmetric upside.

Some analyst picks even suggest MAGACOIN FINANCE carries ROI potential of 30x–40x, particularly if exchange speculation materializes in the coming months. This combination of scarcity, hype, and early momentum is fueling its rise in watchlists alongside larger meme assets.

Final Thoughts

Whale wallets adding $300 million in Dogecoin during August confirms that institutional and high-net-worth players still see value in the original meme coin. But the current meme coin frenzy extends far beyond DOGE. With its hidden gem positioning, scarcity-driven fundamentals, and surging community traction, MAGACOIN FINANCE is quickly emerging as the breakout candidate of the next cycle.

For investors balancing established leaders like Dogecoin with early-stage plays, the mix offers both stability and explosive upside potential — a strategy that could define meme coin investing in 2025.

To learn more about MAGACOIN FINANCE, visit:

Website: https://magacoinfinance.com
Twitter/X: https://x.com/magacoinfinance
Telegram: https://t.me/magacoinfinance

This article is not intended as financial advice. Educational purposes only.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
Share Insights

You May Also Like

Cloud mining is gaining popularity around the world. LgMining’s efficient cloud mining platform helps you easily deploy digital assets and lead a new wave of crypto wealth.

Cloud mining is gaining popularity around the world. LgMining’s efficient cloud mining platform helps you easily deploy digital assets and lead a new wave of crypto wealth.

The post Cloud mining is gaining popularity around the world. LgMining’s efficient cloud mining platform helps you easily deploy digital assets and lead a new wave of crypto wealth. appeared on BitcoinEthereumNews.com. SPONSORED POST* As the cryptocurrency market continues its recovery, Ethereum has once again become the center of attention for investors. Recently, the well-known crypto mining platform LgMining predicted that Ethereum may surpass its previous all-time high and surge past $5,000. In light of this rare market opportunity, choosing a high-efficiency, secure, and low-cost mining platform has become the top priority for many investors. With its cutting-edge hardware, intelligent technology, and low-cost renewable energy advantages, LgMining Cloud Mining is rapidly emerging as a leader in the cloud mining industry. Ethereum: The Driving Force of the Crypto Market Ethereum is not only the second-largest cryptocurrency by market capitalization but also the backbone of the blockchain smart contract ecosystem. From DeFi (Decentralized Finance) to NFTs (Non-Fungible Tokens) and the broader Web3.0 infrastructure, most innovations are built on Ethereum. This widespread utility gives Ethereum tremendous growth potential. With the upcoming scalability upgrades, the Ethereum network is expected to offer improved performance and transaction speed—likely triggering a fresh wave of market enthusiasm. According to the LgMining research team, Ethereum’s share among institutional and retail investors continues to grow. Combined with shifting monetary policies and global economic uncertainties, Ethereum is expected to break past its previous high of over $4,000 and aim for $5,000 or more in the coming months. LgMining Cloud Mining: Unlocking a Low-Barrier Path to Wealth Traditional crypto mining often requires expensive mining rigs, stable electricity, and complex maintenance—making it inaccessible for the average person. LgMining Cloud Mining breaks down these barriers, allowing anyone to easily participate in mining Ethereum and Bitcoin without owning hardware. LgMining builds its robust and efficient mining infrastructure around three core advantages: 1. High-End Equipment LgMining uses top-tier mining hardware with exceptional computing power and reliability. The platform’s ASIC and GPU miners are carefully selected and tested to…
Share
BitcoinEthereumNews2025/09/18 03:04
Share
Wormhole Jumps 11% on Revised Tokenomics and Reserve Initiative

Wormhole Jumps 11% on Revised Tokenomics and Reserve Initiative

The post Wormhole Jumps 11% on Revised Tokenomics and Reserve Initiative appeared on BitcoinEthereumNews.com. Cross-chain bridge Wormhole plans to launch a reserve funded by both on-chain and off-chain revenues. Wormhole, a cross-chain bridge connecting over 40 blockchain networks, unveiled a tokenomics overhaul on Wednesday, hinting at updated staking incentives, a strategic reserve for the W token, and a smoother unlock schedule. The price of W jumped 11% on the news to $0.096, though the token is still down 92% since its debut in April 2024. W Chart In a blog post, Wormhole said it’s planning to set up a “Wormhole Reserve” that will accumulate on-chain and off-chain revenues “to support the growth of the Wormhole ecosystem.” The protocol also said it plans to target a 4% base yield for governance stakers, replacing the current variable APY system, noting that “yield will come from a combination of the existing token supply and protocol revenues.” It’s unclear whether Wormhole will draw from the reserve to fund this target. Wormhole did not immediately respond to The Defiant’s request for comment. Wormhole emphasized that the maximum supply of 10 billion W tokens will remain the same, while large annual token unlocks will be replaced by a bi-weekly distribution beginning Oct. 3 to eliminate “moments of concentrated market pressure.” Data from CoinGecko shows there are over 4.7 billion W tokens in circulation, meaning that more than half the supply is yet to be unlocked, with portions of that supply to be released over the next 4.5 years. Source: https://thedefiant.io/news/defi/wormhole-jumps-11-on-revised-tokenomics-and-reserve-initiative
Share
BitcoinEthereumNews2025/09/18 01:31
Share