The Twitter handle @DogeWhaleAlert, which records huge and extra-large Dogecoin activities, has discovered 15 transfers totaling more than one billion DOGE, famous doggy crypto.
As per the statistics published by the DogeWhaleAlert crypto tracker, unidentified whales have moved 1.049 billion Dogecoins. Numerous transactions contained a large sum of DOGE, including 150,000,000 (two transfers totalling $51 million), 100,000,000 ($17,048,600), and 200,000,000 DOGE (valued $34,112,000).
Other transfers were for lesser sums ranging from 4,000,000 to 25 million and 50 million DOGE.
In fiat money, the total sum of Dogecoin exchanged is $176,757,691. The Robinhood trading system served as either the transmitter or recipient of Doge in several of the abovementioned trades.
Robinhood now possesses 42,514,935,864 DOGE on account of its investors. This equates to $7,285,316,895 and represents 32.05 percent of the DOGE presently in existence.
Dogecoin price movement
DOGE/USD 1 DAY PRICE CHART: SOURCE – COINMARKETCAP.COM
As per CoinMarketCap, Dogecoin is currently trading at $0.1581 following a 6.93 percent drop in the last 24 hours. At the present, the meme cryptocurrency is 85.04 percent lower than its all-time high of $0.7376 set on May 8.
On December 24, the greatest prominent meme cryptocurrency reached a high of $0.2135. Nevertheless, it’s been hovering in the $0.17 area since December 29.
The market anticipates that when Tesla starts accepting Dogecoin as compensation for merchandise, as announced by Elon Musk in December, the price would rise to new highs.