DOGE News: Dogecoin Eyes $0.22 as Insider Whales Accumulate IntelMarkets Tokens

Dogecoin, the beloved meme coin, has seen significant price gains in recent days, fueled by a broader crypto market recovery. With the current price hovering around $0.19, investors are optimistic that it could soon breach the $0.22 mark. Adding to the excitement, news has emerged that several insider DOGE whales are accumulating tokens from an upcoming ICO project called IntelMarkets, capturing the attention of the broader crypto community.

Insider DOGE Whales Accumulating Hidden Altcoin

Dogecoin price gains over the past week have been in the double digits, fueled by an overall crypto revival and a resurgence in the meme coin sector. The current Dogecoin price is $0.19, with expectations that it could cross the $0.22 range. Many DOGE holders are known for their smart selections, and news that several DOGE whales are accumulating IntelMarkets tokens has attracted investor attention. IntelMarkets is an ICO project currently in stage 10 of its presale.

Musk’s DOGE Team Gains SEC Access for Efficiency Measures

Elon Musk’s Department of Government Efficiency (DOGE) has reportedly gained access to the U.S. Securities and Exchange Commission (SEC) to streamline operations and data. The SEC will cooperate with Doge following ethics and security protocols, although lawmakers have demanded a GAO review of this collaboration. The exact scope and purpose of their collaboration have not been outlined, but DOGE team members will receive staff privileges such as network system and data access. This move comes as Musk leads the team responsible for implementing government cost-saving initiatives.

Dogecoin Price Approaches Key Resistance, What Next?

Dogecoin’s price has garnered market attention as it inches towards a crucial resistance level. Strong indications suggest an uptrend, potentially surpassing this key level. At press time, Dogecoin was trading close to the $0.20 resistance, a significant price zone in past cycles. Analyst Ali Charts pinpointed $0.177 as a key support and $0.207 as the next resistance. A move above this range could herald a more robust rally, echoed by analyst Trader Tardigrade, who observed a similar pattern to past bullish runs.