Over the last day, crypto investors have accumulated another 100 million Dogecoins? The cryptocurrency market has been in a state of uncertainty all week, which is nerve-racking for retail investors. However, big players are taking advantage of the opportunity and buying up assets. According to reputable cryptocurrency analyst Ali Martinez, crypto whales accumulated 100 million Dogecoins (DOGE) over the last day. In the last 24 hours, whales have acquired another 100 million Dogecoins, a sign of growing support and trust in the meme coin, he wrote. This is another major accumulation by DOGE holders. During the last downturn, they bought 750 million tokens. According to experts, the activity of whales is related to the scaling of DOGE usage in payment systems and online platforms, which significantly increases its long-term value. Very interesting opinion. Dogecoin is gaining popularity among corporate investors. For example, Neptune Digital Assets, a publicly-traded blockchain company from Canada, has acquired 1 million meme tokens worth about $270,000. Neptune became the second public company to buy Dogecoin after Spirit Blockchain, another firm dealing with digital assets. As of February 8, DOGE was trading at $0.2537. Over the last day, the meme coin added 0.8%, and over the week, it fell by 23.3%. Despite such a significant drop, Martinez believes that compared to other meme coins, DOGE looks confident. Analyzing the Elliott waves on the token's chart, he saw that in pairs with USD and BTC, the meme coin is forming a large ABC pattern, which could lead to a 2-3 times drop in the Dogecoin course in the near future.