Amid the recovery of the crypto market, investors are also paying attention to crypto meme tokens especially on Dogecoin (DOGE) and Shiba Inu (SHIB) which are the leaders of meme tokens. The data shows a big jump for DOGE and SHIB where it is supported by several transactions by the ‘Whale’ group.
According to Santiment, most altcoins recorded a big jump in market value in July. Based on their observations there was a huge increase registered in ‘Whale’ transactions worth $ 100K. Add them, DOGE is one of the tokens that carries large transactions in the network.
MyDoge Wallet reports that more than 80K Dogecoin transactions have been recorded over the past 24 hours. Earlier, the founder of DOGE stressed that the huge jump in the number of transactions reached around 70,000. With this it showed a jump of 59.49% over the last week.
However, Dogecoin Whale Alert points out that Robinhood may have transferred around 3.2 billion DOGE (worth about $ 218 million) to savings.
Dogecoin prices have jumped over 13% in the last 24 hours. It is trading at an average of $ 0.073, at the time of writing. However, DOGE’s 24 -hour trading volume has increased more than 62% to $ 904 million. DOGE prices have jumped over 22% in the last 30 days. Its total market capitalization now stands at $ 9.89 billion.
Meanwhile, whale trackers found that DOGE was on the list of the most used smart contracts among BSC’s top 1000 ‘Whales’ over the past 24 hours. However, 100 ‘Whales’ only hold Dogecoin worth $ 10.6 million with them.
