DOGE flipped FIL for MOST TRADED token among the top 100 BSC whales

DOGE flipped FIL for MOST TRADED token among the top 100 BSC whales

DOGE overtook Filecoin’s token, FIL, which has been particularly popular with these investors in recent days.Dogecoin became the most traded token among the top 100 Binance Coin (BNB) holders.The rise in DOGE trading volumes came just after the Twitter boss, Elon Musk, posted Christmas greetings, backed by pictures of his dogs.It is seemingly nothing special, but you can spot the Dogecoin logo on one of them, which is of the Shiba Inu breed.Furthermore BNB whales hold 96.55 million DOGE, representing 1% of its total portfolio size.

What is Dogecoin?

Dogecoin began as something of a joke, or a meme coin, poking fun at the perceived absurdity of cryptocurrency. Launched in 2014 by Jackson Palmer and Billy Markus, no one expected Dogecoin to become a legitimate cryptocurrency at the time of its creation.

Dogecoin is named such because of the viral “doge” meme that was incredibly popular online when Dogecoin was founded. The coin’s logo is the infamous doge image itself. A funny crypto based on a funny meme.

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