WhaleStats has reported that slightly over three hours ago, the BNB whale in the top 100 among the largest 1,000 BNB whales purchased 8.9 million Dogecoin.
Meanwhile, an eye-popping 361 million DOGE have been shifted by other whales.
Big BNB holder buys nine million DOGE
The whale who made the purchase of 8,999,983 Dogecoin holds 75th place among the 1,000 BNB whales, per the WhaleStats scale. That address—0x51ca31fc7efb55db794378695ef3506aba0883d2—holds 20.75% of its portfolio in Binance Coin (BNB), worth $296,301.
However, the largest token by USD value here is not BNB but DODO. It constitutes 25.7% of the whale's crypto holdings and is worth $366,885. The total value of his portfolio is less than one million USD: $788,980.
Whales transfer 361 million Dogecoin
Ðogecoin Whale Alert has shared that in the past 10 hours, a lot more DOGE has been moved than the amount mentioned in the first part of the article.
Thus, more than 361 million coins have been shifted by Dogecoin whales in over a dozen transactions. The largest lump among them carried 100 million and 70 million DOGE.
Smaller transactions moved from 40 million to 7 million Dogecoin.
Interest in Dogecoin is rising along with its price. At the time of writing, the original meme cryptocurrency is changing hands at $0.1656, rising over 5% in the past 24 hours, per data provided by CoinMarketCap.
Dogecoin founder on DOGE utility
Cofounder of DOGE, Billy Markus, has taken to Twitter to suggest a formula of crypto utility clear of "buzzwords." He believes this is the ability to send money quickly and cheaply in order to buy goods and services. He apparently believes that this utility is demonstrated by Dogecoin.
on crypto utility:— Shibetoshi Nakamoto (@BillyM2k) February 7, 2022
beyond buzzwords, money that you can send quickly, inexpensively, and securely in exchange for goods and services has a pretty exceptional amount of utility
that's why people spend all their time doing stuff they don't wanna do to accumulate it#dogecoin
Another big milestone for DOGE community
As reported by U.Today earlier, the Dogecoin account on Twitter has reached a new milestone by surpassing three million followers. This is bigger than the rival Shiba Inu Twitter account with its 2.7 million subscribers.
In the past year, the DOGE account has seen staggering growth in followers by 681%.