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Dogecoin Whale Alert has discovered 15 large transactions, during which more than 1 billion “meme” tokens were transferred
Over the past day, 15 large transactions were made on the Dogecoin network to transfer more than 1 billion tokens ($ 169 million). The operations were recorded by the Dogecoin Whale Alert service, which monitors large transactions in the “meme” token network.
On January 5, Dogecoin traded at $ 0.169. Over the week, altcoin fell in price by 3%, and its capitalization dropped to $ 22.5 billion. The asset is ranked 12th in the list of the largest cryptocurrencies in terms of capitalization.
In December, Dogecoin developers announced the transition of altcoin to staking. The developers also noted that they are working on a staking mechanism together with Ethereum co-founder Vitalik Buterin.
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