#A.whale.buys a billion #Dogecoin coins from #Binance .. Will we witness a price explosion soon?
_Dogecoin is one of the most popular cryptocurrencies in the world of digital assets. A hurricane of speculation rippled through the broader cryptocurrency market on Wednesday after crucial whale activity was recorded. The whale record, which comes amid price declines seen in the currency, has sparked a stir. A whirlwind of speculation among cryptocurrency market enthusiasts globally, with market data showing nearly a billion DOGE being transferred. Furthermore, the DOGE transfer included transferring cryptocurrencies from CEX to an unknown wallet. Which sparked optimism about the token. A closer look at DOGE whale activity according to data revealed by Whale Alert, a platform that simplifies blockchain metrics. The massive whale transaction happened today, December 26th. Moreover, with regard to data. The whale appears to have transferred 999.99 million DOGE from Binance to two unknown wallet addresses, DU8gPC5mh4… rk2jAguBr5 and DQnhnNxW89…DvtzwF9sGo.
Meanwhile, the number of coins transferred collectively reached $91.19 million as I write. However, the whale transaction showed a potential decline in the token's trading supply. Which led to further inferences about meme currency. It is worth noting that with the emergence of data on the horizon for cryptocurrencies amid falling prices. #Cryptocurrency.traders and investors seem to be eyeing the token on a large scale. DOGE Price Breaks Down As of the time of writing, the DOGE price chart is showing a downward trajectory, falling by 0.62% over the past 24 hours, and is currently trading at $0.09257. In addition, this decline was accompanied by a weekly decline of 0.30%.
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