- Dogecoin whales move over 100 million DOGE.
- A part of the funds moved to Binance.
- Dogecoin has lost 2.3% in the last 24 hours.
Dogecoin has experienced significant growth and recognition since its creation. The cryptocurrency, known for its logo featuring a Shiba Inu dog, has gained prominence over time. DOGE saw a surge in popularity after Elon Musk expressed his affinity for Dogecoin on Twitter.
Now, according to the latest details from DogeWhaleAlert, a Twitter page that tracks Dogecoin whale movements, a large chunk of Dogecoin has been on the move.
Dogecoin whales move over 100 million DOGE
Details from DogeWhaleAlert show that over 100 million DOGE have been on the move recently. What’s interesting is that one of these five transactions sent DOGE to Binance. Over this period, DOGE has spiked by 3.76%. The surge was followed by a drop, after which DOGE rose by 2.35%.
However, at press time, DOGE had plummeted by 2.3% and was trading at $0.07301. The 24-hour trading volume has also dropped by 5.55%.
Even though DOGE surged by 3.8% during the last seven days, over the last 30 days, the largest meme coin suffered a price drop of over 21%. Even though the meme coin frenzy pushed the price of meme coins, including Pepe Coin and LADYS, the top meme coins, including DOGE and SHIB exhibited a loss in value.
