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

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.

Market Opportunity
Hyperliquid Logo
Hyperliquid Price(HYPE)
$31.86
$31.86$31.86
+0.95%
USD
Hyperliquid (HYPE) Live Price Chart
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.

You May Also Like

Pi Network Aims for $1 Trillion Market Cap: Is Picoin Poised for a Breakthrough?

Pi Network Aims for $1 Trillion Market Cap: Is Picoin Poised for a Breakthrough?

Pi Network, the decentralized blockchain project powered by millions of global Pioneers, is signaling a pivotal moment in its development. As highlighted by Tw
Share
Hokanews2026/02/14 14:42
Fed forecasts only one rate cut in 2026, a more conservative outlook than expected

Fed forecasts only one rate cut in 2026, a more conservative outlook than expected

The post Fed forecasts only one rate cut in 2026, a more conservative outlook than expected appeared on BitcoinEthereumNews.com. Federal Reserve Chairman Jerome Powell talks to reporters following the regular Federal Open Market Committee meetings at the Fed on July 30, 2025 in Washington, DC. Chip Somodevilla | Getty Images The Federal Reserve is projecting only one rate cut in 2026, fewer than expected, according to its median projection. The central bank’s so-called dot plot, which shows 19 individual members’ expectations anonymously, indicated a median estimate of 3.4% for the federal funds rate at the end of 2026. That compares to a median estimate of 3.6% for the end of this year following two expected cuts on top of Wednesday’s reduction. A single quarter-point reduction next year is significantly more conservative than current market pricing. Traders are currently pricing in at two to three more rate cuts next year, according to the CME Group’s FedWatch tool, updated shortly after the decision. The gauge uses prices on 30-day fed funds futures contracts to determine market-implied odds for rate moves. Here are the Fed’s latest targets from 19 FOMC members, both voters and nonvoters: Zoom In IconArrows pointing outwards The forecasts, however, showed a large difference of opinion with two voting members seeing as many as four cuts. Three officials penciled in three rate reductions next year. “Next year’s dot plot is a mosaic of different perspectives and is an accurate reflection of a confusing economic outlook, muddied by labor supply shifts, data measurement concerns, and government policy upheaval and uncertainty,” said Seema Shah, chief global strategist at Principal Asset Management. The central bank has two policy meetings left for the year, one in October and one in December. Economic projections from the Fed saw slightly faster economic growth in 2026 than was projected in June, while the outlook for inflation was updated modestly higher for next year. There’s a lot of uncertainty…
Share
BitcoinEthereumNews2025/09/18 02:59
Shiba Inu Price Stabilizes as 140 Billion Tokens Leave Exchanges in Three Days

Shiba Inu Price Stabilizes as 140 Billion Tokens Leave Exchanges in Three Days

Shiba Inu has recorded one of its largest short-term exchange outflows in recent weeks. Approximately 140 billion SHIB tokens left trading platforms over the past
Share
Coinstats2026/02/14 14:03