A Dogecoin whale made one of the major transactions in November, moving over 103 million DOGE from Robinhood.
A Dogecoin whale transferred more than 103 million DOGE from popular trading platform Robinhood.
November has been a busy month for Dogecoin, with many significant transactions recorded. Whale Alert, a service that tracks major cryptocurrency transactions, reported several significant transfers involving Dogecoin. On November 15, a transfer of 690 million DOGE (worth approximately $50.3 million) occurred between unknown wallets.
Similarly, on November 13, 140.6 million DOGE was moved from Robinhood to an unidentified wallet. Earlier in the month, transactions of 75.3 million and 73.6 million DOGE were recorded from and to Robinhood, along with a large transfer of 250 million DOGE to Robinhood on November 7.
Dogecoin market performance
According to CoinGecko, a leading cryptocurrency data aggregator, Dogecoin’s price stands at $0.076 with a 24-hour trading range ranging from $0.0748 to $0.0826. Dogecoin’s market capitalization reached approximately $10.94 billion and its 24-hour trading volume was over $1.73 billion.
This increase in Dogecoin’s price and market activity is partially attributed to the news of a physical Dogecoin token planned to be sent to the moon in December.
This ambitious project undertaken by space payload carrier Astrobotic has raised expectations among Dogecoin enthusiasts and investors.
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