Dogecoin (DOGE) Price Manipulated By Whales? A Look Off And On-Chain
The Dogecoin (DOGE) price has had an incredible weekend. Following Elon Musk’s confirmed Twitter acquisition, the DOGE price jumped 95% over the last seven days. The memecoin exploded to over $0.14 at times and is currently sitting at about $0.11. Musk’s gigantic influence on the DOGE price is an old acquaintance for the crypto market. Over the past few years, the Tesla and SpaceX CEO kept moving the price with his statements. But since the Twitter acquisition, he has gone quiet. Musk has not mentioned Dogecoin since the deal was closed. Related Reading: Dogecoin Continues To....
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Elon Musk himself said via Twitter in February 2021 that the biggest issue with Dogecoin is its concentration among a few whales. The billionaire wrote at the time: If major Dogecoin holders sell most of their coins, it will get my full support. Too much concentration is the only real issue imo. I will literally pay actual $ if they just void their accounts. But what if Elon Musk himself is the largest of all DOGE whales? This rumor has been circulating in the crypto community for quite some time. So far, conclusive evidence has never been provided. Even the Federal Court in Manhattan has....
Dogecoin has declined by around 6% over the last 24 hours, as data shows signs of dumping from the whales. Dogecoin Whale Deposits To Exchanges Spotted On The Chain As per data from the crypto transaction tracker service Whale Alert, there have been some large DOGE movements during the last day. The first of these […]
Dogecoin witnessed a significant growth trend in 2021. This remarkable feat connects to the influence of Tesla’s CEO and billionaire, Elon Musk. The billionaire has remained a prominent proponent for Dogecoin, and his position could either increase or decrease its price movement. Most crypto assets took to the south during the recent bearish trend in the crypto market. This brought considerable losses in value for most of them. In addition, Dogecoin, the largest and leading meme cryptocurrency, also recorded a downward movement. Related Reading: Dogecoin (DOGE) Price Manipulated By....
Dogecoin has observed a surge of 7% over the last five days as whales have been showing signs of accumulation behavior. Dogecoin Addresses With 100 Million To 1 Billion DOGE Have Gone Up By 5% Recently Both Dogecoin and the general crypto market have been struggling hard in recent weeks, but these last few days […]
Dogecoin has been on a downtrend for more than six months now. The meme coin which found favor in the eyes of investors had been able to rally to new highs but has been unable to replicate this success. Nevertheless, this has not been a deterrent for investors who continue to pour money into the digital asset. Most notable have been the whales as they accumulate massive amounts of Doge through its downtrend. Dogecoin Whales Not Giving Up Dogecoin is a long way from its $0.7 all-time high but that does not mean that investors believe that the digital asset is done for. In fact, Dogecoin....