Shiba

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April

Shiba Inu

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The long-awaited listing of futures for the popular meme cryptocurrency&nbsp;<a href="https://u.today/dogecoin-doge-price-crash-could-be-in-cards-due-to-this-ominous-pattern" rel="noopener noreferrer nofollow">Dogecoin (DOGE)</a> on leading U.S. exchange Coinbase appears increasingly likely, as mysterious transfers totaling nearly 557 million DOGE, equivalent to $68.7 million, were detected earlier today by&nbsp;<a href="https://x.com/whale_alert/status/1783694596733575478" rel="noopener noreferrer nofollow">Whale Alert</a>. The transfers, originating from previously inactive wallets "DFBx6" and "DCTpB," signal potential developments in the near future.
Both wallets, which had remained under the radar since June 2021, coinciding with Coinbase's initial listing of Dogecoin on the spot market during the 2021 bull market, have suddenly made a major move.
Coinbase's intention to introduce DOGE futures has been widely anticipated, with the exchange recently stating its plans following the successful listing of Bitcoin Cash (BCH) and&nbsp;<a href="https://u.today/litecoin-ltc-hits-new-milestone-of-125-years-uninterrupted-uptime" rel="noopener noreferrer nofollow">Litecoin (LTC)</a> earlier this month. Today's enigmatic transfers, while not definitive confirmation, align with expectations of imminent action.
<blockquote>
 🚨 🚨 228,105,810 <a href="https://twitter.com/hashtag/DOGE?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#DOGE</a> (34,341,747 USD) transferred from unknown wallet to <a href="https://twitter.com/hashtag/Coinbase?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Coinbase</a><a href="https://t.co/G8TGqtW5Ws" rel="noopener noreferrer nofollow">https://t.co/G8TGqtW5Ws</a>— Whale Alert (@whale_alert) <a href="https://twitter.com/whale_alert/status/1783694599757664512?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">April 26, 2024</a>
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This development draws parallels to recent events involving rival platform Robinhood, which transferred three trillion Shiba Inu tokens shortly before announcing the token's availability for trading, underscoring the potential significance behind such movements.
The timing of these transfers, coupled with Coinbase's prior statements, fuels anticipation that Dogecoin futures could soon join the exchange's offerings, definitely impacting the&nbsp;<a href="https://u.today/massive-xrp-doge-and-sol-reserve-spotted-on-okx" rel="noopener noreferrer nofollow">DOGE</a> market.
As speculation mounts, questions linger regarding the true nature of these transfers. Are they routine movements by anonymous whales, or do they hint at an impending listing on Coinbase? The answers remain elusive, but one thing is certain: the anticipation surrounding Dogecoin's potential expansion into Coinbase's futures platform is here.

Dogecoin (DOGE) Listing on Coinbase Might Be Imminent as These Mysterious Transfers Hint

U_Today

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