Dogecoin Rises 4% — Trades Above $0.69 As Old Wallet Moves 5M Coins

Dogecoin (CRYPTO: DOGE) has witnessed a 4% surge today, surpassing the $0.69 threshold, all while Bitcoin (CRYPTO: BTC) continues to experience a decline.

What Happened: This comes as a Dogecoin wallet suddenly made three separate transfers on October 28 and October 29, shifting 5,392,984 DOGE worth $372,461 to a different wallet after being idle for 9.8 years.

The wallet's sudden activity was initially detected by the blockchain tracking platform, blockchair. The wallet in question had remained inactive since 2014

However, in light of Dogecoin’s current trading prices, the value of the wallet has skyrocketed by 80,000% to approximately $376,758 ...

Full story available on Benzinga.com


Disclaimer: The views, recommendations, and opinions expressed in this content belong solely to the third-party experts. This site was not involved in the writing and production of this article.


Disclaimer Press Release Banner
Related Press Releases
Happy Chinese New Year Tour Helped Ringing in the Lunar New Year with Seven Events in the United States to Showcase Chinese Craftsmanship and Art Forms

Happy Chinese New Year Tour Helped Ringing in the Lunar New...

Faceswap AI Online Tool: Anakin AI Unleash the Digital Creativity for Everyone

Faceswap AI Online Tool: Anakin AI Unleash the Digital Creat...

Lana Evanova's Impressionistic Acrylic Paintings Enchant the Art Community at Arte Fiera 2024

Lana Evanova's Impressionistic Acrylic Paintings Enchant the...

ToyHub247.com: A New Destination for Online Toy Shopping

ToyHub247.com: A New Destination for Online Toy Shopping

Embark on a New Era of Travel and Web3-Related Ecosystem with XINTEL – The Gateway to Unprecedented SocialFi

Embark on a New Era of Travel and Web3-Related Ecosystem wit...

Real Street Capital Announces Regulation A+ Offering to Raise $25 Million for REAL STREET BUILD-TO-RENT FUND I, LLC.

Real Street Capital Announces Regulation A+ Offering to Rais...

SASSA Status Check launched an updated tool for grant beneficiaries

SASSA Status Check launched an updated tool for grant benefi...

Announcing the Launch of Kosa Salon SF’s New Website: A New Luxury Hair Salon in San Francisco

Announcing the Launch of Kosa Salon SF’s New Website: A New...

PT TORAGRO TANI NUSANTARA Introduces Modern Inorganic And Liquid Organic Fertilizers

PT TORAGRO TANI NUSANTARA Introduces Modern Inorganic And Li...