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Dogecoin Price Surge Sparks Massive DOGE Movement to Binance

SirKris by SirKris
May 18, 2023
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Dogecoin Price Surge Sparks Massive DOGE Movement to Binance

  • Dogecoin whales move over 100 million DOGE.
  • A part of the funds moved to Binance.
  • Dogecoin has lost 2.3% in the last 24 hours.

Dogecoin has experienced significant growth and recognition since its creation. The cryptocurrency, known for its logo featuring a Shiba Inu dog, has gained prominence over time. DOGE saw a surge in popularity after Elon Musk expressed his affinity for Dogecoin on Twitter.

Now, according to the latest details from DogeWhaleAlert, a Twitter page that tracks Dogecoin whale movements, a large chunk of Dogecoin has been on the move.

Dogecoin whales move over 100 million DOGE

Details from DogeWhaleAlert show that over 100 million DOGE have been on the move recently. What’s interesting is that one of these five transactions sent DOGE to Binance. Over this period, DOGE has spiked by 3.76%. The surge was followed by a drop, after which DOGE rose by 2.35%.

However, at press time, DOGE had plummeted by 2.3% and was trading at $0.07301. The 24-hour trading volume has also dropped by 5.55%.

Even though DOGE surged by 3.8% during the last seven days, over the last 30 days, the largest meme coin suffered a price drop of over 21%. Even though the meme coin frenzy pushed the price of meme coins, including Pepe Coin and LADYS, the top meme coins, including DOGE and SHIB exhibited a loss in value.



Disclaimer: CryptoNewsBook is an online aggregator that fetches latest crypto news from different sources. This article is provided for general information purposes ONLY and contains data fetched from third party sources; hence, we do not endorse its accuracy. For more details, kindly visit The Source. Please report any fake news or false statement to Our Support Team. If you are the original owner of this content and wish it to be removed on this platform, kindly forward your request to Our Support Team.
Also Note: Cryptocurrencies are unregulated, and no part of this article should be understood nor interpreted as a recommendation/advice. #s6

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