Dogecoin News: Elon Musk’s favorite meme cryptocurrency, Dogecoin (DOGE) price has registered a slide despite the recent recovery rally. DOGE prices declined by around 5% over the past 60 days while Shiba Inu (SHIB) prices are up by a whopping 58% in the same period. However, a new whale activity has left the DOGE community confused.
No Buzz Around Dogecoin?
As per the data provided by WhaleAlert, a dormant wallet holding 2.043 million Dogecoin (approx worth $186k) just got activated. The unknown owner of the dormant wallet decided to activate it after a long period of 9 years.
However, this activation has come when Dogecoin is riding low on sentiments. The DOGE enthusiasts have been waiting for some updates on new projects. While Elon Musk hasn’t mentioned Dogecoin in his recent tweets.
The post Dormant Dogecoin Wallet Wakes Up From Dead; DOGE Price Surge Incoming? appeared first on CoinGape.
Main content of the article:
Dogecoin (DOGE) has seen a 5% price drop over the past 60 days, while Shiba Inu (SHIB) prices have increased by 58%. Recently, a dormant wallet containing 2.043 million DOGE (approx worth $186k) was activated after 9 years of inactivity, but the Dogecoin community is still waiting for updates on new projects and have not seen any support from Elon Musk. Dogecoin is currently trading at an average price of $0.092 with a 24 hour trading volume of $543 million and a market cap of $12.2 billion.
