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Dogecoin Price Spikes Near $0.095 Following Major Whale Transactions and Address Activity

Published 01/02/2023, 16:03
Updated 01/02/2023, 16:15
© Reuters Dogecoin Price Spikes Near $0.095 Following Major Whale Transactions and Address Activity
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  • Dogecoin has experienced a surge in price in the past few days.
  • The cryptocurrency has seen its highest daily transaction volumes in 2023
  • Dogecoin’s price has surged by over 40% in the previous month.

Dogecoin’s recent On-Chain activity has been trending upwards with whales accumulating large amounts of the cryptocurrency. The Dogecoin team announced through their Twitter account that for the first time, 450,000,000 DOGE coins ($40,536,900 USD) were transferred from a top 20 wallet to an unknown wallet. This has been followed by an increase in address activity, as well as a surge in daily transaction volumes.

The post Dogecoin Price Spikes Near $0.095 Following Major Whale Transactions and Address Activity appeared first on Coin Edition.

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