Feast or famine on Dogecoin as Coinbase pump triggers whales’ return

Feast or famine on Dogecoin as Coinbase pump triggers whales’ return

Dogecoin's listing on Coinbase and subsequent 40% price surge heralded the return of the whales. Some of Dogecoin’s (DOGE) observable metrics depict a blockchain in violent flux amid the fallout from the meme coin’s Coinbase Pro listing. The dollar amount sent across the blockchain in a single day exceeded $47 billion on Thursday — a 690% increase on the figure from less than a week before. Dogecoin’s price climbed 40% in a single day shortly after Coinbase announced it would open its doors to Doge deposits on Coinbase Pro on Tuesday, June 1, with a view to commencing trading on June 3.....


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