The pioneering meme coin of the cryptocurrency world dogecoin, has recently come to the fore with many whale transactions. Whales moved more than 1 billion tokens in total, increasing the mobility to the highest level.
According to Whale Alert, two large whale transfers occurred on January 4, 2024. Consistent with the data, these transactions collectively resulted in the displacement of 1.19 billion DOGE.
The first transaction that attracted investors’ attention was the transfer of 883.01 million Dogecoin between unknown wallets. According to the data, a large number of wallet addresses collectively moved the above-mentioned amount to the address ADNbM5fBuj…nsLp19ki3n through a series of transactions.
Moreover, as we reported as Koinfinans.com, in the second transaction that caused great repercussions, 307.49 million tokens were moved between unknown wallets. Regarding the data, various wallet addresses transferred the previously mentioned amount again to the ADNbM5fBuj…nsLp19ki3n wallet.
Market charts for Dogecoin price show a marginal decline of 0.56% over the last twenty-four hours, trading at $0.08246. It also recorded a 10.86% decline on the weekly chart and a 7.91% monthly decline. The transaction volume decreased by more than 25% in the same period and was recorded as 526 million dollars. Its market value is around 11.77 billion dollars.