In the digital asset market, the actions of large investors known as "bearwhale" can often lead to market volatility and the formation of new market patterns. Recently, these influential investors have turned their attention towards DOGE, increasing their holdings by 1 billion Dollar worth of DOGE in just 24 hours. This move has sparked widespread follow in the market, especially considering that DOGE's performance recently has not been remarkable, with relatively low price movement.

So, what are the reasons that allow DOGE to still attract such a large volume of investments? Let's explore the three main factors that keep DOGE maintaining its value.

Firstly, the significant rise of DOGE on trading platforms and digital wallets is one of its major advantages. Unlike other digital assets that are difficult to follow on a global scale, DOGE has become a well-known brand for everyone. Although there has been some decline in value over the past few months, DOGE still maintains a stable growth trend, which continues to attract many trading activities and market interest.

Secondly, DOGE is one of the few chosen to develop exchange-traded funds (ETF) for digital assets. Many well-known financial institutions have submitted applications for an ETF for DOGE, reflecting market confidence in the future developments of DOGE. Even in times when the price movement is not good, this strong institutional support provides Dogecoin with a continuous driving force for growth.

Finally, the market generally expects that DOGE may integrate with the social media platform X (formerly known as Twitter) in some way. This expectation has brought stability in liquidity and support for the market for DOGE. Since its inception, DOGE has remained at the forefront of the market cap rankings for digital assets, demonstrating its significant position in the industry.

Despite the severe fluctuations in the digital asset market, DOGE continues to attract the attention of investors due to its unique position in the market, broad awareness, and potential technological integration prospects. With the increase in holdings by major investors, the future of DOGE is worth the continuous market follow.