Dogecoin (DOGE) Sees Massive Transfers as Price Spikes 5%

Dogecoin (DOGE) has experienced significant wallet transfers, including 64.7 million DOGE to Coinbase and 72.6 million DOGE from Robinhood.

Dogecoin (DOGE), the meme-inspired digital asset, has seen some heightened whale activity.

Earlier this Wednesday, 64.7 million DOGE, equivalent to around $6.2 million, was transferred to Coinbase from an unidentified wallet.  In another major transaction, 72.6 million DOGE, valued at approximately $7.1 million, moved from Robinhood to an unknown destination. 

These substantial transfers coincide with Dogecoin's 10th anniversary on Dec. 6, a decade since its initial launch in 2013. Dogecoin's evolution from a light-hearted meme to a significant player in the cryptocurrency market is a journey worth noting. Originally developed as a playful alternative to more serious digital currencies, Dogecoin has since gained a substantial user base and widespread recognition. 

The coin's 10th anniversary not only marks its longevity but also stresses its unique position in the digital currency landscape.

According to data provided by CoinGecko, the leading meme coin is up more than 5% over the past 24 hours.    This surge places DOGE allows the meme coin to stand among among its counterparts like Bitcoin, which is up only a mere 0.8% after a stunning rally.  

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