Dogecoin Price Goes up as Elon Musk Responds to This DOGE Tweet

DOGE

In reaction to a “Doge tweet” sent by Twitter user @EPavlic, Elon Musk released a meme with a dog theme. Musk and Billy Markus, the co-founder of Dogecoin, were both named by the tweeter. @EPavlic shared a little video of her dog and commented on how well-groomed it is.

This happened at the same time as DOGE’s price increased by 3.08% earlier today to briefly reach $0.0747. The meme coin is now again trading at $0.0733 on the Binance platform.

Fifth biggest holder of DOGE owns 20 trillion Shiba Inu

Earlier, U.Today stated that an unnamed whale transferred enormous sums of the top meme currencies DOGE and SHIB: 3.4 billion Dogecoin valued at $248 million and 20 trillion Shiba Inu in four trades totalling $176 million.

This whale is presently the sixth largest owner of both Dogecoin and Shiba Inu, according to wallet tracker @lookonchain.

DOGE miners sell three billion Dogecoin

In response to many comments made beneath those DOGE transactions, the Twitter account @DogeWhaleAlert stated that the funds had most likely been sent to a cold wallet rather than being sent to purchase PEPE meme currency.

according to U.Dogecoin miners earlier today liquidated a significant percentage of their cryptocurrency holdings in late March. The on-chain data aggregator IntoTheBlock gave the information. About seven billion DOGE were held by miners back in the summer of last year. This amount dropped by almost three billion Dogecoin in March.

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