Dogecoin Whales Shift to New AI-Based Altcoin, Expect Drastic Rise

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After the massive surge, Dogecoin whales are rotating their capital as the meme coin fails to break through the $0.5 level. PropiChain (PCHAIN), an AI-based altcoin focused on the real estate industry, is their target. The token’s low price of $0.004 during the presale is considered an attractive entry point.

November was an explosive month for the crypto market, with Bitcoin approaching $100,000. Meanwhile, Dogecoin benefited from the launch of the US Department of Government Efficiency.

Dogecoin whales are on the move after DOGE’s massive rally. In a handful of transactions, Dogecoin whales moved $249 million worth of DOGE. The transfers could be an indication of a change in strategy for Dogecoin whales.

Dogecoin is up 176 percent in the past 30 days, though it is now trading at $0.4103, down from its local peak of $0.4759. Overall, Dogecoin is still 45 percent off its record high in May 2021. However, investors remain optimistic that DOGE could reach new highs before the market reaches its explosive peak.

A well-known Dogecoin trader is taking profits and reinvesting in promising AI altcoins.