Top 20 DOGE Whales Move 235.4 Million Dogecoin Following Elon Musk’s Crypto Statement
Two major Dogecoin transfers, totaling close to 240 million DOGE worth over $18 million, have been detected over the past 16 hours, according to a report by @DogeWhaleAlert. The transfers were made from one top 20 wallet to another and from an anonymous address to a top 20 crypto wallet. The fee for the first transfer was 4.51 DOGE ($0.35 USD) and for the second transfer, it totaled 38.25 DOGE ($2.94 USD), highlighting one of the advantages of crypto over traditional banks – fast and low-cost transfers. The transfers follow a tweet by tech billionaire and DOGE supporter Elon Musk, who stated he is now more interested in artificial intelligence than crypto. Musk has recently criticized Open AI’s ChatGPT product, which he helped found in 2015. He is rumored to be gathering scientists to launch a new company that will compete with Open AI.