Dogecoin Price Chops as a 700 Million Whale Transfer Leaves Investors in Awe – What’s Next?
Since graduating with a degree in economics from the University of Birmingham in 2018, Joel has worked as a financial market/cryptocurrency analyst. He firmly believes that emerging crypto technology...
During Tuesday’s US trading session, Dogecoin’s (DOGE) price experienced major volatility, briefly surging to $0.12 before retracing to $0.1120 following a substantial 700 million DOGE transfer, worth over $78 million, that left investors speculating on its future direction.
The leading meme coin has been moving in line with the broader market, as Bitcoin (BTC) rallied toward multi-month highs near $68,000 before slipping back to around $66,000.
As the US presidential election heats up, with pro-crypto candidate Donald Trump gaining traction in the betting markets, discussions about a potential “Uptober” rally have intensified.
Trump's lead just set another record high against Harris.
Trump
