Dogecoin Whales Abruptly Transfer Over $182,000,000 in DOGE As Top Memecoin Erupts – Here’s Where the Crypto Is Going

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Dogecoin (DOGE) whales transferred more than $182 million worth of the top meme coin in a matter of hours this week amid the crypto asset’s sudden spike in price.

DOGE jumped from trading around $0.077 on Monday to a high of $0.102 on Tuesday, a surge of more than 32%.

The price rally happened after Elon Musk suddenly changed Twitter’s icon to the DOGE logo and posted his own version of a meme template featuring the DOGE logo.

Blockchain-monitoring service Dogecoin Whale Alert notes that the biggest whale transaction involved a top-20 DOGE wallet sending 650,000,000 Dogecoin worth more than $65.49 million to another top-20 DOGE wallet.

Other large DOGE transactions monitored by Dogecoin Whale Alert include:

The eighth-ranked crypto asset by market cap is worth $0.0967 at time of writing.

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The post Dogecoin Whales Abruptly Transfer Over $182,000,000 in DOGE As Top Memecoin Erupts – Here’s Where the Crypto Is Going appeared first on The Daily Hodl.

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