Main navigation

Whales Grabbing DOGE Frantically as Its Trading Volume Spikes

Mon, 10/17/2022 - 15:23
article image
Yuri Molchan
Dogecoin trading volume sharply increases as DOGE remains important part of whales' portfolios
Whales Grabbing DOGE Frantically as Its Trading Volume Spikes
Cover image via stock.adobe.com

Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of U.Today. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

Read U.TODAY on
Google News

As reported by WhaleStats, the largest meme crypto token by market cap, DOGE, has seen its trading volume surge on the BSC (also widely known as BNB Chain). This has pushed the meme coin into the top 10 list of traders.

At the moment, DOGE is also on the top 10 list of most purchased coins among whales on the Binance Smart Chain. It holds ninth position there.

Related
Floki Inu Launches Petition to Get Binance to List FLOKI

Data shared by WhaleStats shows that, at the moment, the largest 100 whales on BSC are holding a total of $5,424,273, which comprises roughly 90,545,110 DOGE.

In December this year, Dogecoin is going to celebrate its nine-year anniversary since its launch in 2013 by IT engineers Billy Markus and Jackson Palmer.

article image
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 yuri.molchan@u.today.