The meme-based cryptocurrency Dogecoin (DOGE) was the most traded coin among the largest Binance Smart Chain (BSC) altcoin whales on the day, according to data provided by WhaleStats. In this article, let’s take a look at whale trades and Dogecoin’s recent price action.
BSC whales loot Dogecoin
According to an update by the WhaleStats wallet tracker, DOGE has become the most traded coin among the top 1,000 BSC whales. According to the whale detective’s estimates, the total assets of the 1,000 largest BSC whales amount to $46.6 million. WhaleStats shared the whales’ altcoin savings in the table below.
Altcoin approaches $0.1 support
DOGE was trading at $0.15, down 8% from Friday. The negative price action of the meme-based cryptocurrency was part of a broader crypto market selloff during Asian hours. Bitcoin dropped below $35,000 and most altcoin projects followed the lead crypto’s decline. According to data from IntoTheBlock, DOGE has a significantly higher correction of 0.7 with BTC. At the time of writing, the meme coin leader is trading at $0.1269, down 17% over the past 24 hours. DOGE, which lost 33.00% in value compared to last week, returned to its levels in April 2021, when it made its biggest debut. cryptocoin.com In the latest developments regarding Dogecoin, Tesla CEO Elon Musk announced that electric cars can be purchased with DOGE.
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