Sign Up on MEXCDormant Dogecoin Wallet Wakes Up From Dead; DOGE Price Surge Incoming?
Dogecoin News: Elon Musk’s favorite meme cryptocurrency, Dogecoin (DOGE) price has registered a slide despite the recent recovery rally. DOGE prices declined by around 5% over the past 60 days while Shiba Inu (SHIB) prices are up by a whopping 58% in the same period. However, a new whale activity has left the DOGE community confused.
Also Read: Brain Teaser IQ Test: How Many BNB Coins Can You Find In 5 Seconds?
No Buzz Around Dogecoin?
As per the data provided by WhaleAlert, a dormant wallet holding 2.043 million Dogecoin (approximately worth $186k) just got activated. The unknown owner of the dormant wallet decided to activate it after a long period of 9 years. However, this activation has come when Dogecoin is riding low on sentiments. The DOGE enthusiasts have been waiting for some updates on new projects. While Elon Musk hasn’t mentioned Dogecoin in his recent tweets.
Dogecoin price is down by 0.06% in the last 24 hours. DOGE is trading at an average price of $0.092, at the press time, according to CoinGape price tracker. However, its 24 hour trading volume is also down by over 50% to stand at $543 million. Meanwhile, it is still the largest meme crypto with a market cap of over $12.2 billion. Read More Dogecoin News Here…
As per the data, several whales have been caught moving more than 41 million DOGE (approximately worth $4 million) in multiple transactions.
Also Read: Hut 8 Mining Merges With US Bitcoin Corp, Signs Of Market Recovery?
- Cathie Wood’s Ark Invest Backs Nasdaq-Listed Solmate To Launch $300M Solana Treasury
- First U.S. Spot Dogecoin and XRP ETFs Launch as REX-Osprey Debuts DOJE and XRPR
- Analyst Calls $6 XRP Target for November Amid Ripple CEO’s White House Stockpile Hint
- Ethereum Faces Selloff Risks As Whales’ Unrealized Profit Hits 2021 Highs
- Expert Predicts 138% Shiba Inu Rally as SHIB Futures Listing Opens Spot ETF Path
- Cardano Price Stays Above Ichimoku Cloud as Grayscale ADA ETF Approval Nears
- HBAR Price Prediction as SEC Approves Generic ETF Framework – Analyst Targets $1.80
- Toshi Coin Gains 57% in One Day: What’s Driving the Sudden Upside?
- Shiba Inu Price Set to Soar as Exchange Reserves Dive Amid SHIB ETF Chatter
- Pepe Coin Price Prediction as Whale Moves $25M From Robinhood- Is a Breakout to $0.00002 Next?
- XRP Price Prediction as Market Longs Hit 78% amid VivoPower Treasury Expansion Launch — Is $4 Next?
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
