Nearly 1 Billion DOGE Transferred After Elon Musk Resumed Buying Twitter

DOGE

In past two days, someone has shifted almost one billion Dogecoin and two trillion Shiba Inu

As reported by Whale Alert, a service that tracks mass transfers of crypto on various chains, two hours ago, a surprising amount of meme coin DOGE was sent onto the blockchain.

This was close to half a billion meme coins. A day earlier, an even bigger sum of DOGE was shifted; together, this makes up almost one billion DOGE within two days.

386 million sent by DOGE anonymous wallet

As a whale alert, a total of 386,082,773 Dogecoins were sent between two anonymous wallets. This amount of meme coins is valued at $25,187,368.

Over the past two days, this is the second transaction of that size that has been noticed by the aforementioned crypto tracking service.

On October 5th, 449,999,998 DOGEs were transferred, making it approximately 836 million Dogecoins.

Also, on the same day, according to the same source, two lumps of SHIB — one trillion meme coins each — were detected; these two trillion Shiba Inu were transferred to the Coinbase exchange, apparently to be sold.

Tesla boss Elon Musk moved these huge amounts of meme coins after he decided to go back to close the buyout deal with Twitter.

In the comments to today’s DOGE transfer, some Twitter users jokingly assumed whether these Dogecoins were sent by the centibillionaire, who is a great fan of DOGE and who mentioned several times that if he buys Twitter, he would integrate DOGE payments on the platform.

3 things Musk expects Twitter to integrate

Yesterday, the Twitter account of influential trading group CryptoRand tweeted that Elon Musk expects the social media giant to add/replace as soon as he closes the deal.

These three things were the addition of the edit button, hunting fake accounts (bots) down and integrating purchases in cryptocurrencies. Earlier, Musk suggested that adding DOGE as a payment option to Twitter Blue subscriptions could be possible if he owns the platform.

This is why Musk still wants to own Twitter

According to Musk’s recent tweet, he intends to to start twitter In the “Everything app” named “X”.

Buying Twitter is an accelerant to creating X, the everything app.

In an earlier interview, the billionaire revealed that it would be a spam-free app where users would be able to have various discussions, and the content creators would get a share of their income.

He stated that he would either convert Twitter into this app, if he buys it, or he could have it developed from scratch.

This “Everything App” will be a kind of digital town square, where important ideas will be debated and free speech will be promoted.

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