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200 Million Dogecoin Shifted for Fee No Bank Can Beat

Thu, 06/02/2022 - 09:46
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Yuri Molchan
Mind-blowing amount of Dogecoin has been transferred for tiny fee
200 Million Dogecoin Shifted for Fee No Bank Can Beat
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@DogeWhaleAlert has reported that $16 million worth of Dogecoin has been shifted from one anonymous address to another for a minute fee that no existing bank in the traditional financial system can offer its clients.

200 million DOGE on the move

According to the aforementioned tracker of large crypto transfers focused on Dogecoin, several hours ago, a whopping 200,000,000 DOGE were transferred from one anonymous wallet to another.

This amount of crypto worth $16,354,400 was moved between wallets for a minute fee of 10 DOGE—equal to $0.82.

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Robinhood stores 30.7% of DOGE supply

@DogeWhaleAlert has also shared some data related to DOGE and the popular investment app Robinhood run by Vlad Tenev.

According to the tweet, Robinhood currently holds a staggering 40,738,383,811 Dogecoins worth $3,451,029,969. This mind-blowing sum of meme coins constitutes 30.71% of the DOGE supply circulating out there.

The DOGE is held in two wallets—3334959 and 1699275—on behalf of Robinhood investors using eight known crypto addresses.

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About the author

Yuri is a crypto journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects. ‘Hodls’ major cryptocurrencies and has written for multiple crypto media outlets. 

His articles have been quoted by such crypto influencers as Tyler Winklevoss, John McAfee, CZ Binance, Max Keiser, etc.

Currently Yuri is a news writer at U.Today and can be contacted at