Dogecoin (DOGE) strengthened to $0.097 on the night of Wednesday, February 1. The last time the altcoin traded at that level was in early December 2022.
During the day, the cryptocurrency capitalization increased by more than 11% to $12.906 billion. During the week DOGE rose in price by almost 10%.
Most likely, the altcoin has peaked as whale wallets have activated.