Notable blockchain investigator Whale Alert, which tracks down significant cryptocurrency transactions by retail/institutional investors, exchanges, and holders, has revealed that a massive quantity of meme cryptocurrency Dogecoin is being moved from the well-known investing platform Robinhood.
It was discovered that several hundred million DOGE have been moved from the aforementioned trading and investing site throughout the last 24 hours.
https://x.com/whale_alert/status/1780058933421330894
300 million DOGE absorbed by major whale
Two tweets/X posts revealing that two transactions were done to take out 150,000,000 DOGE from Robinhood and transfer them to an unidentified wallet -1wwKF were released by the aforementioned data source.
On-chain data indicates that throughout the previous several days, this anonymous whale has taken in multiple large meme crypto transactions totaling 30,000,000, 101,426, 34,179,255 DOGE in addition to the two transfers of 150 million DOGE. Additionally, on April 13, 350,000,000 and 34,584,043 Dogecoin were added to the wallet.
After receiving 89,550,689 DOGE on April 8, it received 150,000,000 and 46,278,481 DOGE on April 12. Currently valued at around $388,808,797, this anonymous whale possesses 2,478,699,463 Dogecoin in total.
https://x.com/whale_alert/status/1779885203973885969
Elon Musk supports DOGE with new tweet
The greatest DOGE fan and avid meme enthusiast, Elon Musk, recently posted his own rendition of the well-known “Biggus Dickus” joke from the 1979 comedy film Monty Python’s Life of Brian via Twitter.
Two characters from the previously stated film are depicted in the photograph that Musk released. A Roman legionary identified as “Elon Musk” and a member of the Roman senate identified as “the mainstream media” are the two individuals. The legionary is laughing so hard that it’s almost painful to listen to the senator. It shows how tech tycoon Musk is reacting, amused that DOGE has made it into the top ten list of cryptocurrencies. Meanwhile, the mainstream media, which had previously criticised both Bitcoin and its parody copy DOGE, has now changed its tune and is discussing it as a serious asset—possibly unintentionally.
4% was momentarily added to the original joke coin after this tweet was released. Three or four years ago, for example, the impact of Musk’s tweets on the price of Dogecoin was considerably greater and persisted for a longer period of time.
