Dogecoin Price Goes up as Elon Musk Responds to This DOGE Tweet

Price of original meme coin jumped over 3% after Elon Musk commented on DOGE-themed tweet

Fifth biggest holder of DOGE owns 20 trillion Shiba Inu
DOGE miners sell three billion Dogecoin

News

Wed, 17/05/2023 - 14:28

Dogecoin Price Goes up as Elon Musk Responds to This DOGE Tweet

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

Read U.TODAY on

Google News

Elon Musk posted a dog-themed meme in response to a "Doge tweet" posted by Twitter user @EPavlic. The Twitter user tagged Musk and Dogecoin co-founder Billy Markus. @EPavlic posted a short video with her dog, saying that it has great hair.

This coincided with DOGE's price rising by 3.08% earlier today to briefly touch the $0.0747 level. Now, the meme coin is back at $0.0733 on the Binance exchange.

pic.twitter.com/ady5wxzw2r
— Elon Musk (@elonmusk) May 17, 2023

Wed, 05/17/2023 - 10:43

Fifth Largest Shiba Inu (SHIB) and Dogecoin (DOGE) Whale Is Same Person: Here's Who

Fifth biggest holder of DOGE owns 20 trillion Shiba Inu

Earlier, U.Today reported that staggering amounts of top meme coins — DOGE and SHIB — were transferred by an anonymous whale: 20 trillion Shiba Inu in four transactions worth $176 million and 3.4 billion Dogecoin evaluated at $248 million.

HOT Stories

Shiba Inu (SHIB): This Price Move Not Enough, Solana (SOL) Gets 13% Back: Only Beginning? Ethereum (ETH) Massive Price Drive to Begin Here?

Ripple Exec Takes Dig at SEC on Christmas

Ethereum's Buterin Weighs In on AGI Threats

Solana (SOL) Price Rebound Can End Here, This Is Why

According to wallet tracker @lookonchain, this whale is currently the fifth largest owner of both Dogecoin and Shiba Inu.

DOGE miners sell three billion Dogecoin

Twitter account @DogeWhaleAlert responded to multiple comments under those DOGE transactions, stating that that money had not been sent to buy PEPE meme coin but was likely moved to a cold wallet.

As covered by U.Today earlier, Dogecoin miners sold a large portion of their crypto holdings in late March. The data was provided by IntoTheBlock on-chain data aggregator. Back in the summer of last year, miners' DOGE holdings stood at about seven billion DOGE. Now, in March, this figure decreased by around three billion Dogecoin.

#Elon Musk #Dogecoin

About the author

Yuri Molchan

Yuri is interested in technology and technical innovations. He has been writing about DLT and crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects. He 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.