Finst

Memecoin whales strike: SHIB and DOGE moved for $50 million

The memecoin whales are on the move again.

By Luc Vesters
• 1 min read
Memecoin whales strike: SHIB and DOGE moved for $50 million

The memecoin whales are on the move again. This time with Dogecoin and Shiba Inu. They move nearly $50 million worth of coins. Most of this comes from a Shiba Inu whale. He has 4.25 trillion coins worth US $45 million.

View post on X

Things are different with Doge. Here, a whale has about 71 million coins on the Robinhood exchange, the equivalent value: about US $6 million.

Whales are entities that own coins in large quantities, in the case of Bitcoin more than 1,000.

Dogecoin is trading at nearly 10 cents with a market cap of $13.5 billion. Shiba Inu is trading at 0.00001 cents with a market cap of $6.5 billion.

Disclaimer: This content is for informational purposes only and does not constitute financial, investment, legal, or tax advice. The information provided may be incomplete, inaccurate, or outdated and should not be relied upon as such. Nothing on this website should be considered a recommendation to buy, sell, or hold any cryptocurrency. Investing in crypto-assets involves risk of loss.