DOGE Grabs Position of Most Traded Coin by BSC Whales from Ethereum: Report

DOGE

Meme crypto Dogecoin becomes the second top coin bet on by whales for trading after Ethereum

The original canine cryptocurrency Dogecoin has toppled the second most popular crypto, Ethereum, pushing it from the spot of the most traded token for the biggest owners of BSC wallets, according to a recent tweet from data platform WhaleStats.

In the meantime, these largest investors in BSC tokens are holding almost 325 million Dogecoins.

DOGE outperforms Ethereum for whales

Twitter page @WhaleStatsBSC announced that in the last 24 hours, DOGE has switched places with ETH and taken the privileged position of the most traded cryptocurrency by the top 1,000 investors in BSC-based tokens .

However, Ethereum is now the most widely held cryptocurrency for these whales. The token that has the biggest position in dollar value is BTCB—Bitcoin BEP2, a coin run and wrapped on Binance and pegged 1 to 1 with the original flagship cryptocurrency invented by the mysterious Satoshi Nakamoto.

The tweet from @WhaleStatsBSC also states that the top 1,000 BSC-based wallets hold 324,950,073 Dogecoins. This is worth $46,070,284 and the current DOGE/USD exchange rate.

Sling TV accepts Dogecoin and other crypto via BitPay

As covered by U.Today earlier, U.S.-based provider of streaming TV services, Sling TV, has made Dogecoin one of the payment options for customer subscriptions and now accepts the meme crypto and other digital currencies via BitPay.

Elon Musk promises another use case for DOGE

On Saturday, Tesla boss and centibillionaire Elon Musk teased the community with the option that Tesla is preparing to build a futuristic restaurant (which will also be a drive-in cinema) in the Hollywood area, where customers can pay by DOGE.

This may be combined with Tesla charging stations that recently opened in Santa Monica and have quickly become very popular with drivers.

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