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The CoinMarketCap Fear and Greed Index fell eight points this week, signaling heightened fear after Donald Trump’s revised tariff announcements for dozens of trading partners. As a result, Bitcoin, Ethereum, and Dogecoin all suffered losses.
Yet, a look at on-chain data shows that smart money whales aren’t scared; they bought massive amounts of $DOGE on Wednesday. Instead of waiting for prices to bounce back like most traders will, they’re grabbing these discounts before the next surge. They’ve been here before; they understand the game.
As whales buy into Dogecoin, a new low-cap project called Maxi Doge ($MAXI) is also drawing significant investment. Currently in presale, the project has just reached the $400,000 total raised mark, a huge achievement considering it launched only a week ago.
The $MAXI presale lets investors get in early, securing the most upside potential for once the token lists on exchanges. With Dogecoin’s outlook looking hopeful, small meme coins like Maxi Doge might be the ones to deliver life-changing profits on the next move upwards.
Whales buy over $200 million $DOGE in 1 day
The Dogecoin price has fallen 7.8% this week as Donald Trump’s new tariffs on India and dozens of other countries unsettled the market. Everyone seems to have forgotten about TACO (Trump always chickens out).
But not smart money traders – they’re buying. On-chain data shows that whales purchased over 1 billion $DOGE in 24 hours on Wednesday. That amounts to over $200 million at its current rate of $0.2.
Whales bought over one billion Dogecoin $DOGE in the last 24 hours! pic.twitter.com/qdGrIE6Gez
— Ali (@ali_charts) August 6, 2025
These traders are betting on history repeating itself. It’s not the first time tariff concerns have caused crypto prices to drop. There have been several such instances this year, and a strong recovery followed each. Should history repeat this time, the US will soon reach some sort of agreement with its trading partners, and prices will start rallying again as if none of this ever happened.
Other smart money traders say Dogecoin “looks stronger than ever,” based on its technical setup. Marcus Corvinus suggested it’s “way undervalued” and pointed to Dogecoin’s bullish chart pattern to forecast a rise to $0.5 by October.
$DOGE looking stronger than ever 🚀
While many are distracted by $ADA, the real silent killer is $DOGE.
Why? Because it’s way undervalued compared to December 2024 highs and its ATH and it just printed a clean rising channel after a deep correction.
Here’s what’s wild:
1.… pic.twitter.com/RgWld7vAh0
— Marcus Corvinus (@CryptoBull009) August 5, 2025
However, with Dogecoin leading the meme coin market, its strength often paves the way for lower-valued alternatives to achieve much larger gains. That’s why capital is flowing into Maxi Doge this week, with analysts expecting huge returns as the next bullish wave begins.
Dogecoin’s degen younger cousin $MAXI is tipped for a 10,000% rally
Although Dogecoin holds influence in the meme coin space, it seems to have lost some of its magic from the last cycle. Its massive market capitalization, competition from other meme coins, and acceptance among TradFi indicate it’s not the same ‘people’s crypto’ that we once knew.
Nowhere is that more evident than in the fact that whales now control almost 50% of the entire Dogecoin supply, with 72.64 billion $DOGE in their possession. Therefore, meme coin degens want something else. They seek more upside potential, more controversy, and more energy – and that’s where Maxi Doge comes in.
It’s Dogecoin’s younger cousin, but it’s definitely not TradFi-friendly. It’s full of edgy innuendos that mean we probably won’t see it on the SEC’s desk for an ETF filing anytime soon.
Maxi Doge is a 1,000x leverage trading, bodybuilding, younger cousin of Dogecoin, fueled by ‘MAXITREN’ and Red Bull. He’s the ultimate crypto degen embodiment, and after years in the shadows, he’s ready to show the world what he’s been working on – his trading skills and massive bench press.
And he’s going to list on exchanges at just a $40 million market cap. This leaves room for huge returns, and $MAXI would still only be among the mid-tier meme coins. That’s why analysts are backing the project to explode. For example, RJ from Cryptonews predicts it could see 10,000% gains.
Is Maxi Doge the best meme coin to buy now?
With whales accumulating Dogecoin this week while the price is down, plus technical analysis signalling a bullish chart structure, all signs point to gains in the weeks ahead.
Maxi Doge’s connection to Dogecoin, along with its degen ‘gym bro’ narrative, is driving the surge in its presale success.
It remains to be seen if $MAXI is the best meme coin to buy now, but its early momentum and analysts’ support are indicators that its price could explode once it hits exchanges.
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