Are Doge Whales Selling
These whales have a disproportionate impact on prices because of their enormous holdings and their ability to coordinate buying and selling activity. The biggest promoter of the hype the CEO of Tesla SpaceX and one of the richest men in the world.
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One trend i see is that in most 15 mins intervals there is one large whale transaction.
Are doge whales selling. A snip from Binance. If major Dogecoin holders sell most of their coins it will get my full support. Elon Musk made another Doge-related storm on Twitter by requesting whales to sell off their coins.
That fucker stocked up on doge in January selling it now and fronting their war chest to daddy Kenny. However not all users of the Dogecoin Reddit are sold. At the time of writing 1110 UTC DOGE ranked 13th by market capitalization trades at USD 00575 and is up by 24 in an hour trimming its daily losses less than 10.
Many including Musk believe that e-trading platform Robinhood possesses the. ClankApp services are free and never use your data for buisness purposes. Dogecoin the thirteenth largest crypto currency has a supply of 1283 billion.
That means many DOGE investors on the forum are buying into the idea that one large whale is responsible for the price suppression theory. The billionaire CEO of Tesla shocked the entire crypto community on Twitter with an enticing offer he presented to major DOGE holders in his most recent engagement. Dogecoin is a cryptocurrency which main feature is that it has likeness of the Shiba Inu dog.
Stating that the distribution of wealth is concentrated on a single point Musk supports a different model. Teslas and SpaceX. DH5 is a reference to a Dogecoin address that has over.
The price is down by 27 in a week but is up by 517 in a month. Given the massive number. An additional solution proposes to migrate small investors from DOGE to an ElonCoin.
Currently roughly 46 of all DOGEs circulating supply is held by nine addresses. TSLA CEO Elon Musk is asking major Dogecoin DOGE investors to sell most of their coins What Happened. There is increased social media speculation that Robinhood is the Dogecoin Whale DH5.
The worlds richest person who has been an ardent supporter. Discussion Our whale friend has been selling a milli coins at 32 every time it hits that level after a dip. Dogecoin is currently being haunted by stock market whales.
He will give his full support if they sell most of their coins and will even pay actual money for them to destroy their coins in some provable fashion. Musk stated that if DOGE whales were to sell most of their holdings the meme token would get his full support If major Dogecoin holders sell most of their coins it will get my full support. A whale is a transaction worth more than is worth more than a certain value relative to the volume of the asset.
It was initially introduced as joke but Dogecoin quickly developed its own online community and reached a market capitalization of US60 million in January 2014. Created as a fun cryptocurrency DOGE has experienced a massive boom in recent weeks that refuses to subside. One particular entity has nearly 37 billion tokens.
Elon Musk has offered to buy out DOGE whales to decentralize the network. The largest whale 24 had 788 M worth of Doge in the wallet and he only cashed 33M ths week. Tesla and SpaceX CEO Elon Musk announced that he supports Dogecoin whales that have started selling in large volumes.
RHdoge whale is selling off doge to front Citadels as of mid week. Musk stated that if DOGE whales were to sell most of their holdings the meme token would get his full support. Too much concentration is the only real issue imo Around ten hours later the multi-billionaire founder of Tesla and SpaceX followed up with the following.
Elon Musk Urges Dogecoin Whales to Dump Their Coins Even Offers to Pay Them Tesla CEO Elon Musk believes that too many dogecoins are held by too few whales and has made them a huge offer. Although this has invited a few risks to the trending cryptocurrency. DOGE whales accounted for 12 billion in Dogecoin sales in a single day yesterday.
Powered by our friends Blockchair Whale-alertio and Token View. There are some whales buying up 14 m worth of Doge at a time multiple times. Elon Musk has once again renewed interest in the meme-inspired cryptocurrency Dogecoin saying hed put money in it if whale holders dispose of their DOGE.
Elon Musks tweet strings gave the Dogecoin community a substantial amount of boost with the help of his tremendous influence among the masses.
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