CandleFocus 219 Million DOGE Stuns Major Crypto Exchange Coinbase; What's Happening?
2025-01-11
Author: Content Editor
Within the last 24 hours, two major transactions involving 219 million Dogecoins (DOGE) worth over $73.8 million have been transferred to Coinbase, a leading cryptocurrency exchange. The reason for these transfers remains unknown, but they have sparked interest and speculation in the crypto market. Additionally, Santiment data shows that Dogecoin has gained 29,000 wallets since the beginning of the year, indicating optimism among the community. However, Dogecoin's market cap has declined by over 28% in the past month, and crowd sentiment for the cryptocurrency remains bearish. At the time of writing, DOGE was down 1.07% in the last 24 hours.
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