Address DOGE Awake After a Decade! 'Dog' Will Be Injured?

<p>&nbsp;"It's really painful, it's not really high but it's about to fall."</p><p><br /></p><p>Address Dogecoin (DOGE) which contains as much as 2 million DOGE worth $131,178 but was inactive almost a decade ago has suddenly risen again causing the restless community of the memecoin price to experience drastic selling pressure.</p><p><br /></p><p>The streak sparked speculation among the memecoin investors, where they believed that the owner of the address had gotten the token early and waited until the price of DOGE rose for years.</p><p><br /></p><p>By observation, the owner may also have acquired a large amount of DOGE months after Billy Markus launched the first memecoin in 2013 when the price was still very low.</p><p><br /></p><p><br /></p><p>If the assumption by the DOGE holders is true, then the revealed address is now generating huge profits but they really believe that the sale will happen on a large scale in the near future.</p><p><br /></p><p>It is not denied that it is not normal for inactive address whales to be resurrected, but it should be known that the situation will not pose any threat to the price of DOGE.</p><p><br /></p><p>This is because DOGE's market capitalization is now backed at $9 billion, therefore the problem is not big enough to question the follow-up of memecoin will not be affected but most of its holders still expect its price to collapse.</p><p><br /></p><p>As of this writing, DOGE price jumped by 0.69% to $0.06535 in the last 24 hours with a market cap of $9 billion and recorded a 2.00% increase over the last week.</p>