200 million Dogecoin shifted with unbelievable fees

A huge amount of Dogecoin was transferred for a small fee, similar to the case that happened with Bitcoin that appeared in the previous CoinCu article.

According to DogeWhaleAlert, $16 million in Dogecoin has been transferred from one anonymous address to another for a minute charge that no existing bank in the traditional financial system can provide its clients.

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.

DogeWhaleAlert has also revealed some information on DOGE and Vlad Tenev’s popular financial app Robinhood.

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.

At the time of writing, DOGE is trading at $0.8, down 6.81% from 24 hours ago but up 4.81% over the past 7 days. This 8th market capitalization meme coin is still a very popular “community” for many people, including technology billionaire Elon Musk dubbed “Dogefather”.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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Harold

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