{"id":219541,"date":"2023-12-27T16:28:32","date_gmt":"2023-12-27T10:58:32","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=219541"},"modified":"2023-12-27T16:28:32","modified_gmt":"2023-12-27T10:58:32","slug":"dogecoin-whales-shift-438-mln-doge-as-price-dips-whats-next-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/dogecoin-whales-shift-438-mln-doge-as-price-dips-whats-next-crypto-news\/","title":{"rendered":"Dogecoin Whales Shift 438 Mln DOGE As Price Dips, What’s\u00a0Next? – Crypto News"},"content":{"rendered":"

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Dogecoin, one of the top trending meme coins within the digital assets realm, moved back to the groove once again as it gained substantial traction across the broader crypto market today, recording colossal whale transfers recently. Simultaneously, as the whale transfers surfaced within the market amid a price dip noted by the token, crypto market enthusiasts eyed the token extensively.<\/p>\n

Moreover, as portrayed by on-chain data, the whale transactions orbiting the meme coin attributed to the relocation of over 438 million DOGE over the past day. Meanwhile, market sentiments for the token following its recent whale chronicle seem to be bolstering up, signaling a possible surge ahead.<\/p>\n

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Whale Transfers Orbiting DOGE<\/h2>\n

As per the data disclosed by Whale Alert, a platform facilitating on-chain metrics, two significant DOGE whale transfers took place over the past 24 hours, collectively shifting 438.28 million coins as of writing.<\/p>\n

Notably, concerning the data, an unknown wallet, DF8jRK7rt6\u2026fjcJHvjEGb, was registered<\/a>, transferring 71 million DOGE to Robinhood, a California-based CEX. The number of coins transferred to Robinhood totaled $6.39 million while writing.<\/p>\n

In addition, another transaction appears to have propelled inferences, transferring 367.06 million DOGE, worth $33.62 million, between unknown wallets. As per the data<\/a>, the unknown wallet, DU8gPC5mh4\u2026rk2jAguBr5, was noted making the prior stated transfer to another wallet address, DTSop4ycWk\u20263z7B4kW4T3.<\/p>\n

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Also Read: Crypto Analyst Predicts Bitcoin Price Correction To $26K Before Hitting $130K<\/a><\/strong><\/p>\n

Dogecoin Price Dips<\/h2>\n

As of writing, the Dogecoin price<\/a> showcased a marginal fall of 0.28% in the past 24 hours and is currently trading at $0.09202. This fall was further accompanied by a decrease in the token\u2019s total market cap, falling 0.27% over the past day, reaching $13.10 billion.<\/p>\n

However, market charts illuminated a weekly surge of 1.84%, escorted by a monthly upswing of 15.15%. Besides, the price rise in recent days also aligns with the token\u2019s upsurge in its 24-hour trading volume. While writing, the token\u2019s trading volume soared 5.67% and is currently resting at $521.14 million. Furthermore, the token\u2019s market chart appears to be gradually moving upwards, garnering bullish thoughts for the token.<\/p>\n

Also Read: Binance Relists SOL, XRP, ADA, MATIC, And Other Crypto In USDC Spot Pairs<\/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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Dogecoin, one of the top trending meme coins within the digital assets realm, moved back to the groove once again as it gained substantial traction across the broader crypto market today, recording colossal whale transfers recently. Simultaneously, as the whale transfers surfaced within the market amid a price dip noted by the token, crypto market […]<\/p>\n","protected":false},"author":2,"featured_media":204329,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[188,183,185,186,187,184,189,150,182,190],"class_list":["post-219541","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology","tag-blockchain-tech","tag-blockchain-technology","tag-crypto-technology","tag-cryptocurrency-technology","tag-metaverse-technology","tag-nft-technology","tag-soul-bound-token","tag-tech","tag-technology","tag-token-technology"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/219541","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=219541"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/219541\/revisions"}],"predecessor-version":[{"id":219543,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/219541\/revisions\/219543"}],"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=219541"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=219541"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=219541"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}