Dogecoin

<figure>
 <figcaption>
  Cover image via <a href="https://u.today/" rel="noopener noreferrer nofollow">U.Today</a>
 </figcaption>
</figure>
<p>A substantial transaction involving <a href="https://twitter.com/whale_alert/status/1741620728800186394" rel="noopener noreferrer nofollow">Dogecoin (DOGE)</a> was recently recorded. A significant amount of 59.9 million DOGE, equivalent to roughly $5 million USD, was moved from an unidentified wallet to Coinbase, the well-known American cryptocurrency exchange.&nbsp;</p>
<h2 id="a-slew-of-major-transfers">A slew of major transfers&nbsp;</h2>
<p>This transaction represents a pattern in the Dogecoin ecosystem, where there has been a recent uptick in high-value DOGE transfers.&nbsp;</p>
<p>For example, on Dec. 29, a transaction of 65.1 million <a href="https://u.today/doge-price-analysis-for-december-29" rel="noopener noreferrer nofollow">DOGE</a>, valued at about $5.89 million USD, was transferred to Coinbase from an unknown source.&nbsp;</p>
<p>Other significant transfers include 230 million DOGE to Robinhood, worth roughly $21.61 million USD, and an enormous transfer of nearly 1 billion DOGE, valued at $91.2 million USD, from Binance to an undisclosed wallet.&nbsp;</p>
<p>These substantial moves have sparked a mix of intrigue and speculation within the crypto community regarding the potential market impact and the motives behind these transfers.</p>
<h2 id="little-volatility">Little volatility&nbsp;</h2>
<p>Amid these high-volume transactions, Dogecoin's market behavior has remained fairly steady, according to the data provided by the cryptocurrency tracking website <a href="https://www.coingecko.com/en/coins/dogecoin" rel="noopener noreferrer nofollow">CoinGecko</a>. &nbsp;</p>
<p>At press time, Dogecoin is the 11th largest cryptocurrency by market cap, trading at $0.089425, with a minor decline of 0.7%.&nbsp;</p>
<p>The 24-hour trading volume for DOGE is approximately $347.8 million, and its market cap stands at $12.74 billion. The coin's price has seen modest fluctuations, with a 24-hour high of $0.090851 and a low of $0.088825.</p>

Massive Dogecoin (DOGE) Transfer Sent to Coinbase

Tabla de contenidos

U_Today

Otros artículos publicados el 1 ene 2024

VanEck: spot Bitcoin ETF launch will not impact BTC price

Pushd (PUSHD): New Presale Gem Tipped By Analysts To Better Solana (SOL) and Uniswap (UNI)

Bitcoin Lightning Network transfer capacity continues growing

Ethereum ETF Approval Decision by SEC Deferred; Decentraland and RebelSatoshi Lead Altcoin Rally

Binance Founder’s Travel Request Denied Again by U.S. Judge After Guilty Plea and $175M Bond Release

Coinbase’s Chief Legal Officer Slams US Decision to Drop Additional Charges Against Bankman-Fried...

¡Únete a nuestro boletín gratuito para recibir actualizaciones diarias de criptografía!