Dogecoin Price Spikes Near $0.095 Following Major Whale Transactions and Address Activity
CoinEdition
Published Feb 01, 2023 10:03AM ET
Updated Feb 01, 2023 10:30AM ET
Dogecoin Price Spikes Near $0.095 Following Major Whale Transactions and Address Activity
- Dogecoin has experienced a surge in price in the past few days.
- The cryptocurrency has seen its highest daily transaction volumes in 2023
- Dogecoin’s price has surged by over 40% in the previous month.
Dogecoin’s recent On-Chain activity has been trending upwards with whales accumulating large amounts of the cryptocurrency. The Dogecoin team announced through their Twitter account that for the first time, 450,000,000 DOGE coins ($40,536,900 USD) were transferred from a top 20 wallet to an unknown wallet. This has been followed by an increase in address activity, as well as a surge in daily transaction volumes.
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