DOGE Rises 2.35% as Tens of Millions of Dogecoin Shifted to Binance
Several large transactions of Dogecoin have been tracked by the @DogeWhaleAlert crypto platform, with over 100 million DOGE moved between wallets. One of these transactions involved the sending of 14,835,380 Dogecoins to the Binance exchange, potentially indicating a move to lock in profits as the cryptocurrency attempted to recover from recent losses. Dogecoin also saw a small price rise following Elon Musk’s reaction to a Twitter user’s mention of “Doge,” but the billionaire has recently been focusing on boosting other meme-based cryptocurrencies with his tweets, such as Milady Meme Coin.
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