CandleFocus 196 Million Dogecoin Stuns Largest US Crypto Exchange
2024-11-25
Author: Content Editor
An anonymous Dogecoin whale has transferred 197,606,395 DOGE, worth $84,591,504, to Coinbase, sparking speculation of a potential sell-off. This comes as Dogecoin has experienced significant growth over the past month, prompting profit-taking from long-term holders. Despite this, Dogecoin is reacting well to the news, and other whale transactions have been observed, suggesting continued interest in the meme coin. The Dogecoin Foundation is also working on open-source solutions to drive further adoption of the cryptocurrency.
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