Information supplied by the favored blockchain sleuth Whale Alert reveals that barely greater than ten hours in the past a hefty quantity of the unique meme cryptocurrency Dogecoin DOGEUSD was despatched to a significant buying and selling platform Robinhood.
It coincided with the DOGE worth printing an increase of just about 5%.
Mysterious whale sends DOGE to Robinhood
The aforementioned supply unfold the phrase a couple of staggering 120,000,000 DOGE getting transferred to the famend funding platform Robinhood. This quantity of the OG meme cryptocurrency was valued at $18,555,179 on the time of the switch greater than ten hours in the past.
🚨 120,000,000 #DOGE (18,555,179 USD) transferred from unknown pockets to #Robinhoodhttps://t.co/xojf8e81oe— Whale Alert (@whale_alert) Might 17, 2024
Over the previous day, this pockets has seen huge outflows of 48,279,298, 150,000,000, 118,279,297, and 190,000,006 DOGE chunks, other than the above-mentioned 120 million. That totaled 506.4 million Dogecoin value $71.1 million.
Except for that, two massive DOGE transfers had been made to this pockets on Might 16 and 17 – 118,279,297, 188,279,303 Dogecoin. That contains 306.4 million cash evaluated at $47.5 million.
This surge in exercise on this blockchain tackle was seen after per week’s pause – the earlier transaction was made on Might 9. On the time of this writing, this mysterious cryptocurrency whale holds 1,602,284,863 DOGE, in accordance to the information supplied by Blockchair. That’s the equal of $248,626,542.
Dogecoin worth reveals bullish response
The aforesaid transaction coincided with a considerable Dogecoin worth enhance because the meme coin added 4.45%, reaching the $0.15676 stage. This was not a linear rise however quite a curve that made three rises and two declines.
The worth surge was adopted by a marginal rebound, pushing DOGE to the $0.15438 mark, the place the meme cryptocurrency is altering fingers as of this writing.
DOGE founder makes gloomy AI prediction
One of many two Dogecoin founders, Billy Markus, often called Shibetoshi Nakamoto on the X app (previously Twitter) has printed a adverse AI outlook on his account. This, nonetheless, appears to be quite a submit of irony than an precise prediction – Markus referred to the traditional Matrix film, the place Neo awakens within the capsule exterior the digital phantasm and sees that people in actuality are being grown by machines.
“How lengthy do y’all assume we’ve till AI takes over humanity?” Markus tweeted, addressing his 2.1 million followers. Markus is thought for his ironic views on the crypto and tech areas.
how lengthy do y’all assume we’ve till AI takes over humanity? pic.twitter.com/DJhBmHIUWM— Shibetoshi Nakamoto (@BillyM2k) Might 17, 2024