Dogecoin Whales Dump $123M as Memecoin Surges Amid Elon Musk's Twitter Influence
TL;DR Summary
Two of the largest Dogecoin whales sold over 1.4 billion DOGE, worth over $123 million, as the meme-inspired cryptocurrency surged by 30% during a Twitter logo change. The sales were made by the third and fifth largest non-exchange DOGE holders, according to BitInfoCharts. The logo swapping comes as Elon Musk faces a $258 billion lawsuit alleging he illegally drove up the price of DOGE. At the time of writing, DOGE is trading at $0.0821, down 9.9% in the past 24 hours.
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- Elon Musk's Twitter Love For Digital Currency Dogecoin 'Revealed'; 360 Degree With Anjilee Istwal India Today
- Dogecoin (DOGE) Price Massive Surge Seems Imminent – Predicts Santiment Coinpedia Fintech News
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