Dogecoin is now in the top 10 by trading volume among the 2,000 biggest BSC whales
Cryptoanalyst Ali Martinez counts 2,400 large transactions, representing a four-month high. He notes that ''such market behavior can act as a proxy for whales' activity, suggesting how they may be positioning for a big price move.''
Dogecoin went on a massive rally last Monday after Tesla CEO Elon Musk finalized his controversial $44 billion buyout deal with Twitter. This might be because Dogecoin is expected to play a prominent role on Twitter. The Tesla CEO already proposed the idea of letting Twitter Blue subscribers pay with the help of Dogecoin. While commenting on Dogecoin's utility, Musk claimed that making it possible to send tips with the help of DOGE would be"nice."Dogecoin presently trades at $0.14 after declining from highs of $0.166 on April 25.
The Dogecoin team continues its groundwork for RadioDoge, as well as many future projects, using the first phase of Libdogecoin, a building block for creating Dogecoin projects.
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