{"id":204328,"date":"2023-12-01T15:36:12","date_gmt":"2023-12-01T10:06:12","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=204328"},"modified":"2023-12-01T15:36:12","modified_gmt":"2023-12-01T10:06:12","slug":"whale-dumps-300-mln-doge-to-robinhood-amid-price-upswing-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/whale-dumps-300-mln-doge-to-robinhood-amid-price-upswing-crypto-news\/","title":{"rendered":"Whale Dumps 300 Mln. DOGE to Robinhood Amid Price Upswing – Crypto News"},"content":{"rendered":"

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The Dogecoin (DOGE) cryptocurrency<\/a> recently gained substantial traction within the crypto realm as the token witnessed an increase in whale activity. The colossal whale movement caught the eyes of traders and investors within the broader crypto market as it dumped colossal amounts of DOGE to Robinhood, a digital asset exchange.<\/p>\n

Meanwhile, the token also noted significant gains over the past few days, sparking curiosity among market enthusiasts.<\/p>\n

<\/p>\n

DOGE Whale Activity: Report<\/h2>\n

Whale Alert, a platform offering blockchain tracking insights, recently unveiled data<\/a> showcasing the transfer of DOGE to a centralized exchange.<\/p>\n

As per the data, an unknown wallet address, DDuXG\u2026.ruc1wwKF, transferred 300 million DOGE to Robinhood today, November 13. The amount of tokens transferred to Robinhood totaled a whopping 25.03 million.<\/p>\n

The aforementioned transfer of DOGE to Robinhood indicates an increase in the token\u2019s supply, stirring up speculation within the broader crypto market.<\/p>\n

<\/p>\n

However, the price jump witnessed by the meme-based cryptocurrency appears to come contrary to the dumping of tokens to exchanges.<\/p>\n

Moreover, Ali, a cryptocurrency analyst and trader recognized on X social media, has posted a chart along with expert insights on what the original meme cryptocurrency requires to achieve a significant surge to\u00a0$0.14\u00a0per\u00a0coin.<\/p>\n

Also read: BTC Price To Hit $60000 Before Bitcoin Halving: Matrixport<\/a><\/strong><\/p>\n

DOGE Price Jumps<\/h2>\n

<\/p>\n

At the time of writing, the Dogecoin price<\/a> noted a marginal surge of 3%, evaluating $0.08399. Furthermore, the token witnessed a 9% surge over the past week, along with a monthly upswing of 26%. Besides, the market cap was also up by 3.13%.<\/p>\n

Meanwhile, the trading volume in the past 24 hours was also up by 9.32%.<\/p>\n

The price surge witnessed by the token appears concurrent to the recent remarks made by Ali.<\/p>\n

Ali notes that the primary meme coin is encountering a substantial obstacle on the weekly chart, with DOGE being stagnant at $0.087.<\/p>\n

This critical level represents the convergence of the 0.786 Fibonacci level, along with both the 100-week and 200-week EMAs, forming a formidable barrier that proves challenging for DOGE\u00a0to\u00a0overcome.<\/p>\n

Also read: OpenSea Valuation Plummets As Tiger Global Faces Significant Loss<\/a><\/strong><\/p>\n

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CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article. <\/p>\n<\/p><\/div>\n

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The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.<\/p>\n<\/div><\/div>\n<\/p><\/div>\n

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The Dogecoin (DOGE) cryptocurrency recently gained substantial traction within the crypto realm as the token witnessed an increase in whale activity. The colossal whale movement caught the eyes of traders and investors within the broader crypto market as it dumped colossal amounts of DOGE to Robinhood, a digital asset exchange. Meanwhile, the token also noted […]<\/p>\n","protected":false},"author":2,"featured_media":204329,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[230,225,221,227,226,228,229,60,223,224,222],"class_list":["post-204328","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-brave","tag-coinbase","tag-crypto","tag-decentralised","tag-decentralized","tag-decentralized-exchange","tag-erc-20","tag-featured","tag-meme-coin","tag-robinhood","tag-solana"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/204328","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=204328"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/204328\/revisions"}],"predecessor-version":[{"id":204335,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/204328\/revisions\/204335"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/204329"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=204328"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=204328"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=204328"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}