2024

Dogecoin

Million

Verge

Coin

<ul class="news-points"> 
 <li><strong>250M DOGE ($20.67M) moves from Robinhood, hinting at big investor play.</strong></li> 
 <li><strong>DOGE eyes breakout, with Elon Musk’s support fueling optimism.</strong></li> 
 <li><strong>Dogecoin stabilizes, poised for a 30% rally on the technical breakout.</strong></li> 
</ul> 
<p>The transfer of 250 million <a href="https://coinedition.com/tag/dogecoin-doge/">Dogecoin (DOGE)</a>, which approximates $20.67 million, from Robinhood to an unknown wallet has led to a frenzy in the crypto community. Whale Alerts, a crypto tracker platform, identified the transaction that indicates a shift in the market dynamics of Dogecoin and the possible involvement of institutional or high-net-worth investors.</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <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;"> 150,000,000 <a href="https://twitter.com/hashtag/DOGE?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#DOGE</a> (12,404,079 USD) transferred from <a href="https://twitter.com/hashtag/Robinhood?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#Robinhood</a> to unknown wallet<a href="https://t.co/uhpUXARgIO" target="_blank" rel="nofollow">https://t.co/uhpUXARgIO</a></p>— Whale Alert (@whale_alert) <a href="https://twitter.com/whale_alert/status/1757214574816772112?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">February 13, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div>
</figure> 
<p>This coincides with a critical juncture for Dogecoin, with the digital currency showing signs of a potential market shift after its current accumulation period. Both of the above sentences use different syntax to provide the same information.</p> 
<h2 class="wp-block-heading" id="h-dogecoin-s-market-position-and-prospects"><strong>Dogecoin’s Market Position and Prospects</strong></h2> 
<p>Dogecoin has been consolidating over the past 41 days; however, its price has slightly increased. Currently trading at $0.082 per token, Bitcoin’s price hovering …</p>
<p>The post <a href="https://coinedition.com/is-dogecoin-on-the-verge-of-a-breakout-after-the-250-million-doge-transfer/">Is Dogecoin on the Verge of a Breakout After the 250 Million DOGE Transfer?</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.</p>

Is Dogecoin on the Verge of a Breakout After the 250 Million DOGE Transfer?

Table of Contents

Coin Edition

Other articles published on Feb 13, 2024

Jupiter’s JWGs ignites JUP price surge; Bitcoin Dogs gears up for first BRC20 ICO

How Bitcoin ETFs could impact the average investment portfolio

Bitcoin ETFs Leaving Gold in the Dust

Unusual Volume Spike Detected in 5 Altcoins on South Korean Cryptocurrency Exchanges

How To Earn With Cryptocurrency

Bearish Analyst il Capo Shared His Altcoin Rally Predictions, Announced Four Altcoins He Recently...

Join our free newsletter for daily crypto updates!