Several transactions that moved significant quantities of Dogecoin have been noted by @DogeWhaleAlert. For very small costs, a total of roughly 780 million coins were transported. The recipient that took everyone by surprise was the Binance exchange. A total of around 4 billion Dogecoins were moved earlier this week.
The aforementioned DOGE transaction tracker tweeted that six transfers totaling 776 million Dogecoins were discovered over the course of the previous 24 hours. These funds were moved in lump sums ranging in size from 70 million to 290 million DOGE. 72.3 million and 74.3 million meme coins were traded in the smallest sums. The largest portion moved 291 million.
A total of 291,143,830 DOGE worth $24,846,214 were sent from an anonymous wallet to the Binance exchange. Between two anonymous addresses, the sums of 122,586,585 and 108,369,665 were transferred. According to @DogeWhaleAlert, three transactions totaling almost 255 million Dogecoins were sent to several of the top 20 DOGE wallets. 291 million DOGE were sent to Binance for just 64.20 DOGE ($5.48) in fees.
On August 15, a total of 3,626,448,978 was transferred, as reported by @DogeWhaleAlert. The value of this chunk of Dogecoin is $258,900,035.
On June 1, Binance CZ stated that “proof of assets” had been added for BSC-based tokens like DOGE, XRP, and some others on his exchange. Then, more than 649,132 addresses possessed 1,400,000,000 DOGE wrapped on Binance Smart Chain (also known as BNB Chain).
The same source released information about the quantity of Dogecoins held in the wallets of prominent trading app Robinhood, led by Vlad Tenev, before to the tweets stated above.
On behalf of its investors, Robinhood currently possesses 39,788,383,719 DOGE, according to this data. This quantity of cryptocurrency, which makes up 29.99% of the meme coin’s available supply, is valued at $3,377,516,529.
Elon musk backs Dogecoin
TWJ stated earlier this week that Shiba Inu, the second-largest cryptocurrency, had more Twitter followers than Dogecoin. Currently, SHIB has 3.44 million subscribers compared to the OG meme coin account’s 3.43 million.
Shiba Inu is currently in 12th place on CoinMarketCap, while DOGE is still in the first place by market capitalization value. In addition, unlike Shiba Inu, Elon Musk, a.k.a. “Tony Stark” on Twitter recently, is Dogecoin’s biggest and most prominent backer.
To refresh your memory, Tesla just added DOGE as a method of payment for merchandise in its online store. Musk just declared in a tweet that he will continue to promote and purchase Dogecoin.