According to data provided by WhaleStats, the popular meme coin Dogecoin (DOGE) has become the most purchased token and the most used smart contract by the top 100 Binance Smart Chain (now BNB Chain) whales. This data came after an Elon Musk tweet. Here are the details…
Elon Musk will not sell BTC, ETH or DOGE
According to Whale Stats, BNB Chain whales trade the most Dogecoin (DOGE). This data comes after Tesla CEO Elon Musk confirmed via a tweet that he still has Bitcoin (BTC), Ethereum (ETH) and Dogecoin (DOGE) and has no plans to sell them. Musk had shared a question on Twitter about his thoughts on the possible inflation rate over the next few years. Michael Saylor, CEO of MicroStrategy and a prominent Bitcoin bull, responded to Musk’s tweet:
US dollar consumer inflation will continue near all-time highs and asset inflation will see double the rate of consumer inflation. Weaker currencies will collapse and the flight of capital from stocks of cash, debt and value to scarce properties like Bitcoin will intensify.
“You were predicted to come to that conclusion,” Musk replied to Saylor. “As a general principle, for those seeking advice from this post, it is often better to have physical things like houses or stocks in companies that you think are making good products rather than dollars when inflation is high. At any cost, I have Bitcoin, Ethereum, Dogecoin and I will not sell it,” he said.
Dogecoin did not surprise: its price increased with Musk tweet
After that conversation, Dogecoin rose 3.9 percent to $0.116 before falling 1.2 percent in early trades. At the time of writing, Dogecoin is trading at $0.111, down 2.8 percent on the day, with a 24-hour trading volume of $481,556,136. Looking at the WhaleStats data, we can see that Dogecoin is currently the 6th largest holding among the top 100 BSC wallets, holding DOGE worth $32,435,546. cryptocoin.com As we have also reported, DOGE has not been seen in the wallets of Ethereum whales for a while.
Contact us to be instantly informed about the last minute developments. twitter‘in, Facebookin and InstagramFollow and Telegram and YouTube join our channel!
Disclaimer: The articles and articles on Kriptokoin.com do not constitute investment advice. Cryptokoin.com does not recommend buying or selling any cryptocurrencies or digital assets, nor is Kriptokoin.com an investment advisor. For this reason, Kriptokoin.com and the authors of the articles on the site cannot be held responsible for your investment decisions. Readers should do their own research before taking any action regarding the company, asset or service in this article.
Warning: Citing the news content of Kriptokoin.com and quoting by giving a link is subject to the permission of Kriptokoin.com. No content on the site can be copied, reproduced or published on any platform without permission. Legal action will be taken against those who use the code, design, text, graphics and all other content of Kriptokoin.com in violation of intellectual property law and relevant legislation.