Anonymous whales have shifted over half billion Dogecoins, splitting them between Binance and top 20 wallets; here’s how Musk still helps DOGE against SHIB
@DogeWhaleAlert Have seen several transactions pushing huge amounts of the original mem coin DOGE. A total of about 780 million coins were transferred for small fees. Among the recipients was Binance Exchange.
Earlier this week, nearly 4 billion Dogecoins were shifted in total.
776 million DOGE on the move
The aforementioned tracker of DOGE transactions tweeted that over the past 24 hours, half a dozen transfers have been detected involving 776 million Dogecoins.
These funds were transferred in lumps carrying between 70 million and 290 million DOGE. The smallest amounts moved equal 72.3 million and 74.3 million meme coins. The biggest chunk shifted totals 291 million.
A total of $24,846,214 DOGE worth $291,143,830 was sent to the Binance exchange from an anonymous wallet. An amount of 122,586,585 and 108,369,665 was transferred between unknown addresses. According to @DogeWhaleAlert, the three transactions, carrying approximately 255 million Dogecoins, were made in many of the top 20 DOGE wallets.
The fee to send 291 million DOGE to Binance was merely 64.20 DOGE — $5.48.
On August 15, as shared by @DogeWhaleAlert, a total of 3,626,448,978 were transferred. This lump of Dogecoin is equal to $258,900,035.
On June 1, Binance CZ tweeted that “proof of assets” was finally integrated for BSC-based tokens on his exchange — DOGE, XRP and a few others. Back then, 1,400,000,000 Dogecoin wrapped on Binance Smart Chain (also known as BNB Chain) was held by more than 649,132 addresses.
See how much money DOGE Robinhood has here
Prior to the tweets mentioned above, the same source shared data about the amount of Dogecoin stored in its wallet by Robinhood, the popular trading app led by Vlad Tenev.
According to this data, Robinhood at present holds 39,788,383,719 DOGE on behalf of its investors. This amount of crypto is evaluated at $3,377,516,529, which constitutes 29.99% of the meme coin’s circulating supply.
DOGE lost the lead on Twitter to SHIB, but he still has Elon Musk . Is
As covered by U.Today earlier this week, the number of followers of the second largest coin, the Shiba Inu, has flipped Dogecoin’s number on Twitter. Now, SHIB has 3.44 million subscribers, while the official Dogecoin account has 3.43 million.
However, DOGE still holds its leading position by market capitalization value on CoinMarketCap against Shiba Inu — 10th place versus 12th place. Besides, unlike Shiba Inu, Dogecoin has Elon Musk — “Tony Stark” in real life, as he was referred to on Twitter recently — as its biggest and most influential supporter.
As a reminder, Tesla recently integrated DOGE into its online store as a means of paying for merch. In his recent tweet, Musk announced that he will continue to support Dogecoin and that he will continue to buy it.
