Slightly over 400 million Dogecoin shifted from top 20 wallet to Binance consecutively
According to a recent tweet by @DogeWhaleAlert tracker, four hours ago, anonymous top 20 wallets DJfU2p6woQ9GiBdiXsWZWJnJ9uDdZfSSNC Transferred two Dogecoin bales to the Binance exchange.
Those transfers carried 286,953,266 and 114,010,343 DOGE, making it 400.1 million meme coins in total.
400 million DOGE transferred to Binance Wallet
Both the transfers were made one after the other four hours ago. The sending wallet now holds 476,335,246 Dogecoin, with a total of 2,800,899,543,466 Doge sent and 2,801,375,878,712 Mem coins received.
On Oct. 27, the price of the largest meme coin by market cap began to rise on the news of Elon Musk’s plans to complete the Twitter purchase deal by Friday. The DOGE army had been expecting that Musk would implement Dogecoin payments on Twitter.
However, when the fact that the Tesla boss took over Twitter was officially confirmed by the mainstream media, DOGE began to take a heavy toll.
Earlier today, however, the meme coin resumed growth, printing a massive green candle on the hourly chart.
Elon Musk Increases Adoption of DOGE
Recently, Musk launched an entirely new product for himself—a perfume called “Burnt Hair”—that costs $104 per bottle and is a collector’s item. It was created by Musk’s The Boring Company and thanks to a partnership with Bitpay, users were able to buy perfume for Dogecoin, Shiba Inu, Bitcoin and a dozen other coins.
At the start of the year, Tesla began selling its merchandise for DOGE, with SpaceX following it in the spring.
