The impact of the recent sharp crash that occurred over the weekend is still being felt across the market today, and Dogecoin seems to have entered a bearish state. Although DOGE’s trajectory has flipped bearish, short-term holders are currently capitalizing on the pullback, as they go on a massive buying spree.

A Massive Dogecoin Buying Spree Ongoing

In light of waning action in the price of Dogecoin, short-term investors are showcasing their presence once again in the market. Despite DOGE’s price experiencing a pullback, on-chain data reveals that these investors appear unfazed by the drop; instead, they view it as an ideal opportunity to increase their holdings.

As reported by Joao Wedson, a market expert and founder of Alphractal, Dogecoin is still in its early sta

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