|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cryptocurrency News Articles
Dogecoin Whales Bought Over 1.4B $DOGE in the Past 48 Hours, Worth Around $140 Million
Sep 28, 2024 at 06:11 am
The meme-inspired cryptocurrency is at the time of writing trading at $0.124 after surging more than 16% over the past week amid a wider cryptocurrency market rally
Dogecoin (CRYPTO: DOGE) whales have added billions of the meme-inspired cryptocurrency to their wallets in just two days.
What Happened: According to data from on-chain analytics firm Santiment, shared by popular cryptocurrency analyst Ali Martinez on X (NYSE:TWTR) with his over 72,000 followers, Dogecoin whales acquired over 1.4 billion tokens, valued at around $140 million.
This comes as Dogecoin, at the time of writing, trades at $0.124, up over 16% in the past week. The cryptocurrency is up over 30% in the past 30 days.
The recent rally in DOGE follows a surge in the cryptocurrency’s price earlier this year, fueled by support from several high-profile figures, including Tesla (NASDAQ:TSLA) and Space X CEO Elon Musk.
Musk, who has played a significant role in driving the cryptocurrency’s price with his tweets and statements, has expressed a particular fondness for DOGE.
“I’ve sort of got a soft spot for Dogecoin because I like dogs and memes,” Musk said at a conference earlier this year.
While Musk has highlighted the potential value in Bitcoin (CRYPTO: BTC) and other digital currencies, his statements on DOGE have been largely lighthearted and aimed at highlighting the fun aspect of the meme-inspired cryptocurrency.
DOGE Price Action: DOGE trades at $0.12 at the time of writing on Friday morning. The cryptocurrency had hit a high of $0.13 and a low of $0.09 in the past seven days.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
-
- Former Montenegrin Justice Minister Alleges Do Kwon Extradition Was Tied to Airport Deal with South Korea
- Sep 28, 2024 at 10:45 am
- The former Montenegrin Justice Minister, Andrej Milovic, said there is a possible connection between the extradition of Terraform Labs co-founder Do Kwon
-
- Circle's USDC Dominates Stablecoin Inflows Amid Rising DeFi Activity
- Sep 28, 2024 at 10:30 am
- Bitcoin price (BTC) could rise to $70K, according to recent insights. On September 27, 2024, Thielen highlighted the growing influence of Circle's USDC in the stablecoin market.
-
- Floki Inu vs Bitgert, The Ultimate Winner!
- Sep 28, 2024 at 10:30 am
- As the rally is about to begin, investors' attention is concentrated on finding the ideal project to diversify portfolios to leverage huge gains
-
- Bitcoin (BTC) Price Analysis for September 28: BTC Rose Above $66,000, Indicating That the Northward March Toward $70,000 Has Started
- Sep 28, 2024 at 10:25 am
- Bitcoin (BTC) price analysis for September 28, 2023: BTC rose above $66,000, indicating that the northward march toward $70,000 has started
-
- BNB (BNB) Surges 25.7% in Three Weeks, But Can It Reclaim Its ATH of $724?
- Sep 28, 2024 at 10:25 am
- BNB (BNB), the native token of BNB Chain, surged to $614 on Sept. 27, marking a 25.7% gain over three weeks. This is the first time BNB has closed above this level since June 2024.
-
- Mango Markets Hit With SEC Charges: DAO, Foundation, and Labs to Pay $700K in Penalties
- Sep 28, 2024 at 10:25 am
- The U.S. Securities and Exchange Commission (SEC) has filed charges against Mango DAO, Blockworks Foundation, and Mango Labs LLC for offering unregistered securities.
-
- Bonk (BONK) Faces Resistance Barrier in Path to Major Rally
- Sep 28, 2024 at 10:25 am
- In the latest weekly market cycle, Bonk [BONK] has impressively surged by 23.3%. If this steady growth continues, the coin is likely to experience
-
- ETFSwap (ETFS) Sets Strong Foundations For A 100X Rally
- Sep 28, 2024 at 10:25 am
- ETFSwap (ETFS) has established itself as a reckoning force in the decentralized finance (DeFi) market. This latest DeFi platform transform is set to witness a major rally that could trigger a 100X surge for its native token, ETFS.
-
- This Washington Error Coin Recently Sold Online for a Small Fortune—and You Might Just Have One Lying Around
- Sep 28, 2024 at 10:25 am
- It's widely known that rare coins can fetch impressive sums of money, especially when they feature unique errors, discussions, or other distinctive characteristics.