What happened
The cryptocurrency market is posting gains in today’s trading session, including big gains for many altcoins. Dogecoin (CRYPTO: DOGE), Shiba Inu (CRYPTO: SHIB), and The Sandbox‘s (CRYPTO: SAND) respective cryptocurrencies were up roughly 3.2%, 4.9%, and 12.2% as of 1:30 p.m. ET Saturday.
![Dogecoin [DOGE] to rise beyond 40%? Whale activity may spur rally](https://crypto.newswireservice.net/wp-content/uploads/2023/02/doge-wale-1000x600-120x86.jpg)
After some brutal trading in December and January, the cryptocurrency market has recently been regaining some ground. In addition to general recovery momentum, Amazon‘s strong Q4 results helped the Nasdaq Composite index close out Friday’s trading session roughly 1.6% higher, and the buying trend appears to have extended to the cryptocurrency space.
Image source: Getty Images.
So what
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![Dogecoin [DOGE] to rise beyond 40%? Whale activity may spur rally](https://crypto.newswireservice.net/wp-content/uploads/2023/02/doge-wale-1000x600-350x250.jpg)
