DOGECOIN | Top 20 Whales Transferred 150 Million DOGE Tokens

The live Dogecoin price today is $0.084793 USD with a 24-hour trading volume of $557,015,096 USD.Get detailed Dogecoin price news, analysis and more on Memecoin Exchange.

Dogecoin is an open source peer-to-peer cryptocurrency that utilises blockchain technology, a highly secure decentralised system of storing information as a public ledger that is maintained by a network of computers.

Top 20 Whales transferred 150 Million DOGE Tokens

Dogecoin, opens the week with a new rally amid Robinhood’s support. Reports reveal that several whales jumped on the positive market sentiment to accumulate massive amounts of DOGE, triggering a 5% rally in the last day.

The largest holder of Dogecoin bagged almost 165 million DOGE coins.In addition, a top 20 whale also transferred 150 million Dogecoin tokens worth more than $13 million in the past 24 hours.

DOGECOIN | Top 20 Whales transferred 150 Million DOGE Tokens

Despite a massive decline from its all-time high, dogecoin still has considerable trading volume.Dogecoin remains the top dog among a cadre of canine-themed coins.

Dogecoin (DOGE) is arguably the most famous cryptocurrency in the world. With a dedicated community and celebrity endorsements, Dogecoin reached all-time highs in 2021, despite being created as a meme.

Related reading : DOGECOIN | DOGE Is Among The Most Purchased Cryptocurrencies

The strength that DogeCoin has is faith, dedication, simplicity, availability, and most importantly a strong community.Dogecoin remains one of the most effective investments on the cryptocurrency market as their profitability stays well above the 50% threshold and has reached even higher after the massive rally on the market.

Dogecoin the world’s ninth largest crypto currency by Market Cap, witnesses price growth.Dogecoin is bustling with activity even in a bear market.The rise in its popularity and market capitalization have proven that it is here to stay.

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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