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In a surprising turn of events, Whale Alert, a tracking service, has uncovered a significant transaction involving meme-inspired cryptocurrency Dogecoin (DOGE). An unidentified whale swiftly unloaded a staggering 86 million DOGE, valued at approximately $14.12 million, to prominent U.S.-based broker Robinhood.
Bitcoin, the leading cryptocurrency by market capitalization, took a sharp drop to $66,690 in a single day, dragging its market cap down to $1.30 trillion, while its trading volume spiked to $78.6 billion. At the same time, the global cryptocurrency market cap witnessed a sharp decline of over 7% to $2.55 trillion.
03/15 update below. This post was originally published on March 14
Elon Musk states that Dogecoin could soon be used to purchase Tesla cars.
Thanks to Elon Musk, the frog-themed memecoin has surged to new highs. But, is at all just hype?
The CEO of Tesla, Elon Musk, has dropped another bombshell that's got both the crypto and automotive industries excited. He hinted that the day isn't far when you could buy your shiny new Tesla with Dogecoin (DOGE), a meme coin that started as a joke but is now laughing all the way to the bank.
Major cryptocurrencies on Thursday experienced mixed trading, with data from macro and on-chain whale movement casting uncertainty over the outlook for the leading cryptocurrency and the broader market. Cryptocurrency Gains +/- Price (Recorded 9:30 p.m.
Scott Melker, also known as the “Wolf of All Streets,” has revealed his theory on the potential resurgence of mainstream fear of missing out (FOMO) in the crypto market. He asserted that people seem to forget that the mainstream fervor in the last bull market came through dog coins, like dogecoin, and non-fungible tokens (NFTs).
Tesla Inc. CEO Elon Musk has long been a proponent of Dogecoin (DOGE), first posting about the project in 2019, saying, "Dogecoin might be my fav cryptocurrency. It's pretty cool.
Tesla Inc. CEO Elon Musk has been a fan of DOGE for some time. He first began discussing the project in 2019, when he posted on social media "Dogecoin might be my fav cryptocurrency.
Tesla and Spacex CEO Elon Musk has expressed that Tesla should enable dogecoin as a payment method for its vehicles “at some point.” He exclaimed, “Dogecoin to the moon,” as he explained his reason for backing the meme cryptocurrency.
Coinbase's meme cat, Toshi (CRYPTO: TOSHI) is up 39.3% in the past 24 hours, pushing its monthly gains to 121.6% and leaving other trending memecoins like Dogwifhat, Pepe and Bonk behind. What Happened: On March 7, Toshi proposed to allow users to decide whether the sales tax will be removed or kept until the treasury, currently sitting at 500 ETH, hits 1000 ETH.
Popular meme asset Dogecoin (DOGE) is rising after Tesla CEO Elon Musk hints that the electric car company may accept DOGE payments in the future.
The Dogecoin open interest rose to a new all-time high earlier in March, and while there has been a small retracement, the open interest has continued to maintain very high record levels since then. Given this continuous high level, it could point to where the price of the meme coin is headed next using historical data.
Recent comments from Elon Musk pushed the token more than 11% higher late last night, before the meme coin gave up most of its gains.
Shiba Inu (CRYPTO: SHIB), despite a flat weekly performance, is attracting bullish sentiment. What Happened: The dog-themed meme coin is seeing an increase in whale transactions and significant trading volumes, according to U Today, citing IntoTheBlock data.
The world's richest man, Elon Musk, has broken his silence on when customers will be allowed to use Dogecoin to purchase Teslas. Musk also explained why he is so fond of the meme coin and has continued to support it all this while.
Elon Musk may start preferring frog-themed meme coin Pepe (CRYPTO: PEPE) over Dogecoin (CRYPTO: DOGE). That's according to crypto analyst Andrew Kang who noticed how the billionaire X owner is "more hesitant to post Doge now but he has no issue consistently posting Pepe.
The tech billionaire still calls Dogecoin “the people's crypto.”
Check out who thinks DOGE is on the verge of spiking to a new ATH.
During a public interaction at the Berlin Gigafactory, Musk responded positively to an inquiry about the prospect of using Dogecoin to buy Tesla vehicles. His statement, “At some point, I think we should enable that,” sparked excitement among investors, leading to a surge in Dogecoin's market price.
Elon Musk's recent comments on Dogecoin have led to a significant price surge, hinting at future Tesla car purchases with the cryptocurrency.
The famous meme coin, Dogecoin, ranks 9th on Coinmarketcap after its progress in the market. Dogecoin price has been surging for weeks now, where it has recorded a 108% hike within a month.
Tesla CEO Elon Musk sent shockwaves throughout the cryptosphere with a stunning revelation about the leading meme coin, Dogecoin (DOGE).
