Whales Are Collecting This Meme Coin Instead of SHIB!

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  • The original meme cryptocurrency has managed to climb the list of assets with the highest trading volume among BSC whales.

The ancestor of meme coins, according to data shared by WhaleStats Dogecoin (DOGE), doge price It entered the list of coins with the highest transaction volume after the fall.

Doge topped the list of top 10 cryptos

Ranking 6th among the top ten cryptocurrencies by transaction volume, Dogecoin also previously BSC Known as (Binance Smart Chain) BNB ChainIt also found its place in the top ten list among the most purchased digital assets by whales in Turkey.

According to the website of the popular blockchain tracking service mentioned above, the portfolio of these BSC whales currently holds $10,104,819 in Dogecoin, which makes up 0.92 percent of the portfolio of these huge whales.

Here’s why Dogecoin price keeps falling

Despite all these heavy purchases, at the time of this writing, doge price It is trading at $0.05325 after falling 6.73 percent in the last 24 hours. The meme cryptocurrency is also being pushed down by the downtrend that has gripped the overall market, with Bitcoin falling to $19,000 and Ethereum falling below $1,000.

Also, the biggest Dogecoin influencer, Elon Musk, and the billionaire investor’s company, Tesla, have been sued by a citizen living in the United States. The attacker in the indictment; It claimed $258 billion in damages, alleging that Musk was involved in a Pyramid Scheme that allegedly helped the wide adoption of Dogecoin. The lawsuit alleges that the names mentioned were “part of a blackmail scheme to support Dogecoin.”

As reported by KoinFinans, complainant Keith Johnson stated that Musk himself was one of the reasons he invested in Dogecoin because the CEO and founder of Tesla and SpaceX promoted the memecoin as a real investment vehicle even though it had “no value”.

Stating that he also represents those who have suffered losses due to Doge, the plaintiff also asks Musk to stop promoting DOGE.

You can check the price movements here.

Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility. Finally, KoinFinans and the author of this content cannot be held responsible for personal investment decisions.


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