April

Dogecoin

Elon Musk

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<p lang="en-GB" xml:lang="en-GB">Cryptocurrency tracking platform Whale Alert and its bots have detected a massive transaction <a href="https://u.today/80-million-dogecoin-doge-moved-to-major-exchange-as-price-nears-010" rel="noopener noreferrer nofollow">worth almost $90 million</a> in fiat to the world’s largest cryptocurrency trading venue, Binance. Another half a billion DOGE was sent to another popular crypto exchange.</p>
<p lang="en-GB" xml:lang="en-GB">This transaction took place after DOGE staged a massive price increase within the last 24 hours.</p>
<h2 id="1-2-billion-doge-on-the-move">1.2 billion DOGE on the move</h2>
<p lang="en-GB" xml:lang="en-GB">The aforementioned data source has spotted jaw-dropping amounts of 699,999,999 DOGE and 500,000,000 DOGE transferred to major cryptocurrency trading platforms Binance and Robinhood. Together, they made up 1.2 billion Dogecoin.</p>
<p lang="en-GB" xml:lang="en-GB">The first transfer was evaluated at $53,065,006, and the second one was worth $53,065,006 in fiat. A smaller transfer carrying 66,000,000 Dogecoin was also noticed by Whale Alert over the period of the last 24 hours.</p>
<blockquote>
 <p lang="en" dir="ltr">🚨 🚨 🚨 🚨 699,999,999 <a href="https://twitter.com/hashtag/DOGE?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#DOGE</a> (89,050,089 USD) transferred from unknown wallet to <a href="https://twitter.com/hashtag/Binance?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Binance</a><a href="https://t.co/vSdR0cxAqn" rel="noopener noreferrer nofollow">https://t.co/vSdR0cxAqn</a></p>— Whale Alert (@whale_alert) <a href="https://twitter.com/whale_alert/status/1763130117633491387?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">February 29, 2024</a>
</blockquote>
<p lang="en-GB" xml:lang="en-GB">As the DOGE price has skyrocketed by more than 42%, hitting $0.1, this may be a sign of an approaching sell-off since large whales are beginning to move their DOGE holdings to exchanges to lock in profits.</p>
<blockquote>
 <p lang="en" dir="ltr">🚨 🚨 🚨 500,000,000 <a href="https://twitter.com/hashtag/DOGE?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#DOGE</a> (53,065,006 USD) transferred from unknown wallet to <a href="https://twitter.com/hashtag/Robinhood?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Robinhood</a><a href="https://t.co/6GMt0lGMdu" rel="noopener noreferrer nofollow">https://t.co/6GMt0lGMdu</a></p>— Whale Alert (@whale_alert) <a href="https://twitter.com/whale_alert/status/1762906477369467027?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">February 28, 2024</a>
</blockquote>
<h2 id="dogecoin-may-go-parabolic-in-april">Dogecoin may go parabolic in April</h2>
<p lang="en-GB" xml:lang="en-GB">Earlier this week, popular cryptocurrency analyst and trader on Twitter Ali Martinez published a post to let the cryptocurrency community know that the original <a href="https://u.today/dogecoin-doge-scores-new-listing-on-major-japanese-crypto-exchange" rel="noopener noreferrer nofollow">meme crypto Dogecoin</a> is repeating a pattern last seen during the bull market in 2021 – the year when Elon Musk called himelf “The DogeFather” on Twitter and endorsed DOGE on Saturday Night Live.</p>
<p lang="en-GB" xml:lang="en-GB">Back then, the DOGE price was propelled to an all-time high of $0.7376 on May 8, following Bitcoin reaching a historic peak of $63,000 in April of the same year.</p>
<blockquote>
 <p lang="en" dir="ltr">The price action of <a href="https://twitter.com/hashtag/Dogecoin?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Dogecoin</a> appears to mirror patterns observed in its past bull markets. If history repeats itself, we could see <a href="https://twitter.com/search?q=%24DOGE&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$DOGE</a> enter a parabolic breakout around April! <a href="https://t.co/fL1J3CP3mR" rel="noopener noreferrer nofollow">pic.twitter.com/fL1J3CP3mR</a></p>— Ali (@ali_charts) <a href="https://twitter.com/ali_charts/status/1762004965349113863?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">February 26, 2024</a>
</blockquote>
<p lang="en-GB" xml:lang="en-GB">Martinez believes that Dogecoin may “enter a parabolic breakout” approximately in April if history repeats itself.</p>
<h2 id="doge-surge-follows-that-of-bitcoin">DOGE surge follows that of Bitcoin</h2>
<p lang="en-GB" xml:lang="en-GB">Overall, the largest meme cryptocurrency in terms of market capitalization value, Dogecoin, printed a staggering price increase of more than 42% jumping from $0.0948 to a local peak of $0.1350. By now, DOGE has rolled back a little and is exchanging hands at $0.1290.</p>
<p lang="en-GB" xml:lang="en-GB">Dogecoin, Ethereum, XRP and many other altcoins have suddenly increased in price following the enormous Bitcoin price surge. The flagship cryptocurrency increased by almost 12% on Wednesday to top the $64,000 level on the stable consumption of Bitcoin by the spot BTC ETF providers.</p>

1.2 Billion DOGE Shoveled to Binance and Robinhood - Sell-Off Coming?

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