Dogecoin Could Become the Second Dog on the Moon After Snoopy as Whales Accumulate Ahead of SpaceX IPO

Dogecoin Could Become the Second Dog on the Moon After Sn... On-chain data confirms large holders have scooped up 525 million Dogecoin in just 96 hours, just weeks before SpaceX IPO. The post Dogecoin Could Become the Second Dog on the Moon After Snoopy as Whales Accumulate Ahead of SpaceX IPO appeared first on Cryptonews. Dogecoin, the original dog memecoin, is changing hands at $0.105, rallying by 2% over 24 hours, as a wave of whale accumulation collides with one of the most consequential IPO filings in modern financial history. On-chain data confirms large holders have scooped up 525 million DOGE in just 96 hours, worth approximately $1.99 billion. Whales bought over 525 million Dogecoin $DOGE in the last 96 hours. pic.twitter.com/qrz36pIalX- Ali Charts (@alicharts) May 22, 2026 This accumulation window overlapped almost exactly with SpaceX submitting its S-1 filing to the SEC, targeting a Nasdaq debut. The launch is targeting June 12 under ticker SPCX at a $1.75 trillion valuation, a figure that would make Elon Musk the world's first trillionaire. As we know, Musk's gravitational pull on DOGE sentiment is well-documented, and SpaceX already holds $1.4 billion in Bitcoin, underscoring the company's crypto-adjacent positioning heading into its public market debut. Elon Musk's SpaceX IPO filing discloses holding 18,712 $BTC worth over $1.4 billionWen $DOGE? pic.twitter.com/KkXVlgTdck- Sir Doge of the Coin Market Context The cryptocurrency market remains highly dynamic, with digital assets experiencing significant price movements driven by institutional adoption, regulatory developments, and technological innovations. Investors should consider both the potential rewards and risks associated with crypto investments. Key Takeaways Stay updated on cryptocurrency market developments and price movements Monitor regulatory news that could impact digital asset valuations Consider risk management strategies for volatile crypto investments Published: May 22, 2026 | Source: CryptoNews