Dogecoin

Coin

<ul class="news-points">
 <li><strong>Robinhood’s $18.25 million DOGE transfer showcases crypto transaction efficiency.</strong></li>
 <li><strong>DOGE remains steady despite the massive transfer, trading at $0.061.</strong></li>
 <li><strong>Bearish indicators for DOGE suggest a potential price decline ahead.</strong></li>
</ul>
<p>In a recent development, Whale Alert highlighted a massive transfer of 300 million <a href="https://coinedition.com/tag/dogecoin-doge/" rel="noopener noreferrer nofollow">Dogecoin (DOGE)</a>. Significantly, this transfer, valued at about $18.25 million, went straight to the trading platform Robinhood. With a mere $0.21 transfer fee, it underscores the efficiency of crypto transactions.</p>
<p>Moreover, this transfer comes from Robinhood’s recent crypto endeavors. The platform has been actively expanding its services. Consequently, in August, Robinhood unveiled enhanced features for its cryptocurrency wallet. Besides the existing support for Bitcoin, the platform added DOGE.</p>
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   <p lang="en" dir="ltr"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f6a8.png" alt="🚨" class="wp-smiley" style="height: 1em; max-height: 1em;"> 300,000,000 <a href="https://twitter.com/hashtag/DOGE?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#DOGE</a> (18,254,156 USD) transferred from unknown wallet to <a href="https://twitter.com/hashtag/Robinhood?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Robinhood</a><a href="https://t.co/w9sxY7JEKV" target="_blank" rel="noopener noreferrer nofollow">https://t.co/w9sxY7JEKV</a></p>— Whale Alert (@whale_alert) <a href="https://twitter.com/whale_alert/status/1709425092961190222?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">October 4, 2023</a>
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<p>​​This move was a direct response to growing user demand. Additionally, back in 2018, Robinhood showed its forward-thinking approach by supporting DOGE, and in 2022, they added even more coins to their roster.</p> … 
<p>The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/18m-doge-transfer-to-robinhood-sparks-selling-pressure-speculation/">$18M DOGE Transfer to Robinhood Sparks Selling Pressure Speculation</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.</p>

$18M DOGE Transfer to Robinhood Sparks Selling Pressure Speculation

Coin Edition

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