Dogecoin’s Darkest Hour? Sentiment Tanks, Whales Accumulate

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Dogecoin’s Darkest Hour? Sentiment Tanks, Whales Accumulate - NewsBTC

Quick Summary:

Crypto analyst Ali Martinez (@ali_charts) shared the below chart illustrating the current landscape of Dogecoin’s social sentiment and noted: "Investor sentiment around Dogecoin is at its most negative in over a year.

Yet, some analysts like Martinez and Lumen believe this extreme negative sentiment could mark the start of a rebound, especially in light of notable whale accumulation and potential ETF catalysts on the horizon At press time, DOGE traded at $0.16.

Analyst Predicts Drop To $0.12 Before Rebound Alongside this negative turn in Weighted Sentiment, the chart’s blue bars—Social Volume—show moderate levels compared to the dramatic spikes seen mid-November through December.