Dogecoin whales buy 1 billion DOGE, driving a 4% price rise. Market experts warn of potential correction despite the optimistic trend.

Analyst suggests Dogecoin could hit $2.27 or higher, referencing its past success in surpassing the 1.618 Macro FIB extension.

The Dogecoin price dropped 4% in the last 24 hours to trade at $0.1226 as of 3.10 a.m. EST on trading volume that slumped 40% to $877.3 million. While the world’s oldest and largest meme coin is still more than 14% in the green on the 7-day chart,