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- Particularly the actions of whales
- Dogecoin market dynamics
As much as $72.2 million in Dogecoin (DOGE), equal to about $5.86 million transfer in From Robin Hood to an unknown pockets. This is likely one of the large-scale shifts which have occurred over the previous month.
Particularly the actions of whales
There have been different giant Dogecoin transactions up to now 24 hours, together with transfers of 100 million DOGE (valued at $8.27 million) and 150 million DOGE (valued at $12.4 million) from Robinhood to unknown wallets.
These transactions are half of a bigger sample of Dogecoin actions noticed over the previous month.
Notably, 150 million DOGE ($12.22 million) was transferred from an unknown pockets to Robinhood on February 10, and 63.7 million DOGE ($5.2 million) was transferred from Bittrex to an unknown pockets on February 9.
Moreover, earlier this month, 100 million DOGE ($7.83 million) and 103.3 million DOGE ($7.91 million) had been transferred to Robinhood from unknown wallets.
Dogecoin market dynamics
Regardless of the big switch quantities, Dogecoin’s worth has proven resilience and stability. DOGE is presently ranked eleventh by market capitalization and is buying and selling at $0.08098, up 1.4% up to now 24 hours.
Dogecoin’s 24-hour buying and selling quantity is $510.1 million. Regardless of the market’s inherent volatility and up to date large-scale trades, these numbers exhibit Dogecoin’s sturdy market efficiency and investor confidence.
Nevertheless, in response to U.At the moment, the OG meme coin is not among the many high 10 cryptocurrencies by market capitalization.
