DOGE wallet that was loaded few months after meme coin was created has come back to life
The Whale Alert crypto tracker has spread hype about a defunct Dogecoin wallet that has woken up after nearly nine years. It contains 2,374,814 meme coins, which are currently valued at $338,661.
Dogecoin was created by IT engineers Billy Markus and Jackson Palmer back in the year 2013 as a parody on Bitcoin. DOGE also runs on the proof-of-work protocol and is mined together with Litecoin.
Dogecoin is back in trend now that Elon Musk, the most influential fan of DOGE, has finally bought Twitter, and the community is hoping he will add Dogecoin payments.
In the meantime, whales, not as ancient as the one mentioned above, have become a lot more active and are moving massive amounts of DOGE. They have been shoveling much bigger amounts of this meme token.
1.1 billion DOGE moving forward
According to several earlier tweets from the above source, over 1.100 billion Dogecoins have been transferred to anonymous wallets in the past 24 hours. Some of it was transferred to the Binance exchange.
The transactions carried astonishing amounts of Dogecoin – 299,999,998; 150,000,000 DOGE, etc. – with 449,999,998 being the largest lump on this list. The total worth of the shifted Dogecoins amounts to roughly $146.5 million.
A total of 41,096,902 Dogecoins were transferred to Binance and have probably already been sold as the asset price increased by 117% over the past week.
Elon Musk considers adding DOGE to Twitter
On Nov. 1, Elon Musk posted a Halloween picture with a Shiba Inu dog wearing a T-shirt with a Twitter logo. The community took it as a hint at the integration of Dogecoin payments soon.
Now, when asked directly if he intends to integrate DOGE or if he is working with the Dogecoin dev team on this, Musk tweeted a one-eyed emoji.
The community around Dogecoin began urging Musk to do what he has been talking about for a long time – make DOGE the currency of Twitter, now that he owns the platform.
In other news, Musk has now firmly decided that Twitter will charge each owner of Blue Verification Check $8 per month. This saddened many on Twitter.
First, the billionaire wanted to charge $20 monthly for the support of the blue check, but many, including renowned U.S. writer Stephen King with 7 million followers responded negatively.
King said he would leave Twitter if the $20 fee is accepted, and has already started using Trump’s social media app.
