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HomeCryptoAltcoins200 Million DOGE in 24 Hours – What's Occurring?

200 Million DOGE in 24 Hours – What’s Occurring?

Blockchain monitoring platform Whale Alert, which tracks down giant cryptocurrency transfers, has noticed an astounding Dogecoin transaction made by an nameless whale from a well-liked funding and buying and selling app.

This weekend has been wealthy in giant meme coin transfers with roughly 1.6 trillion Shiba Inu tokens moved a day earlier.

That massive DOGE switch despatched ripples by way of the crypto group as blended reactions to it started to emerge on the X platform.

200 million DOGE taken off Robinhood amid 13% worth surge

The above-mentioned information supply shared {that a} cryptocurrency whale made a shocking withdrawal of 200,000,000 DOGE price $45,746,453 from the favored buying and selling platform Robinhood.

The funds had been despatched to an unknown blockchain pockets -1pMke which presently comprises 30,237,003,292 Dogecoin valued at $6,891,315,420, in response to particulars obtained from Blockchair.

🚨 🚨 200,000,000 #DOGE (45,746,453 USD) transferred from #Robinhood to unknown wallethttps://t.co/MFa4Q8Fk0A

— Whale Alert (@whale_alert) November 10, 2024

Earlier this week, in style cryptocurrency analyst Ali Martinez shared on X that on the decrease time frames the unique meme crypto Dogecoin was consolidating inside a descending triangle sample. He said that after breaking above the $0.198 resistance stage DOGE had excessive possibilities of displaying a ten% rise and thus reaching $0.220.

He additionally identified that ought to their be a sustained shut above the $0.20 stage, DOGE might see a parabolic bull run.

Over the past 24 hours, Dogecoin staged a large rise of 13.28%, reaching $0.23200. As of this writing, it’s altering arms barely decrease – at $0.22955.

1.6 trillion SHIB switch despatched to Coinbase

Two days earlier, Whale Alert detected three consecutive meme coin transfers to the most important US-based crypto change Coinbase. This time it was not DOGE, however one other in style meme cryptocurrency Shiba Inu.

Curiously, every transaction carried 558,613,706,983 SHIB, making it roughly 1.6 trillion SHIB in complete price $31.23 million in fiat.

🚨 558,613,706,983 #SHIB (10,419,449 USD) transferred from unknown pockets to #Coinbasehttps://t.co/Z5fo2qYCRY

— Whale Alert (@whale_alert) November 8, 2024

An nameless whale stands behind all of the three transactions, in accordance Whale Alert. In the meantime, over the past 24 hours, the second largest meme cryptocurrency SHIB skyrocketed by virtually 21%, extending its earlier development from $0.00001909 to the $0.00002309 peak. By now, after a small rebound SHIB is buying and selling at $0.00002262 per coin.

200 Million DOGE in 24 Hours – What’s Occurring?

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