Today is truly a day full of big news!
Just now, Whale Alert broke the news on Twitter, saying that someone crazily flipped 816 million Dogecoins within an hour! You heard it right, that's over 800 million Dogecoins!
This is no joke; with so many Dogecoins in circulation, can the market not explode? The price of Dogecoin has taken a roller coaster ride, plunging down from a high point, with that long red candlestick making people’s hearts race.
These two big transactions involved over 466 million coins in one and 350 million coins in the other, adding up to over 800 million Dogecoins. Whale Alert also revealed that the 350 million coin transaction was done by seven 'whale' level blockchain addresses working together, splitting the huge amount into two parts and moving them to two different wallets.
As a result of this operation, the price of Dogecoin took a hit, dropping 3.44% in just two to three hours. Although it has slightly warmed up now, who isn't feeling uncertain?
Additionally, the world's richest man, Elon Musk, also spoke up on Twitter. He mentioned hopes of establishing an institution by 2021 that would allow tuition fees to be paid in Dogecoin, and Dogecoin holders would enjoy discounts.
This immediately attracted Katherine Boyle, a partner at Andreessen Horowitz; she also thought it was a good idea and wanted to try setting up a military leadership academy.
However, compared to the massive transfer of Dogecoin, this news is truly small potatoes. Let's keep our eyes peeled and see just how big of a wave these 800 million Dogecoins can create in the market!
As for the upcoming layout direction, I will lead everyone to aim for lucrative opportunities in altcoins, especially those with high potential projects, with an expected return of over ten times being quite feasible. If you want to make big money in a bull market, like and comment, and I’ll guide you through the entire bull market!
