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Mysterious Dogecoin Transfer Raises Questions Amid Elon Musk’s Legal Battle

Published 10/08/2023, 05:07
Updated 10/08/2023, 05:15
Mysterious Dogecoin Transfer Raises Questions Amid Elon Musk’s Legal Battle
DOGE/USD
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COIN
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  • A substantial 67,881,717 DOGE transfer ($5,083,357) to Coinbase (NASDAQ:COIN) has triggered discussions.
  • DOGE experienced a 3% price rise within 24 hours.
  • Tesla CEO Elon Musk also faces charges from DOGE investors.

According to the latest details provided by Whale Alert, a significant transfer of 67,881,717 DOGE, valued at approximately $5,083,357 at the time of release, was recently observed from an unknown wallet to Coinbase. The timing of this transfer has ignited speculation in the crypto community, considering that the price of DOGE experienced a 3% surge within the last 24 hours.

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