The article discusses the increasing accumulation of Dogecoin (DOGE) by long-term holders and miners. The on-chain data shows a significant increase in the number of DOGE coins controlled by long-term holders in the past 30 days. This, along with other factors such as the resistance buy-wall at $0.07, suggests the potential for a price rally when market sentiment changes. However, if market sentiment remains bearish, there could be a downswing towards $0.05. The article also provides information on cloud mining and different types of crypto mining. It concludes by reminding readers that the article is for informational purposes only and advises conducting personal research and seeking professional advice before making any financial decisions.
AI Sentiment: Positive
