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Dogecoin rises 11 percent despite weak market as whale transfers and holdings jump

Dogecoin has posted a double-digit gain over the past week, standing out among major cryptocurrencies despite broader market weakness. BeInCrypto reported the token rose more than 11 percent over the period and hit a 10-week high on April 30. On-chain data cited by Santiment showed whale activity at a six-month high, with 739 transfers of $100,000 or more in a day. Large wallets holding at least 100 million DOGE also reached record holdings.