Doge Price Surge Incoming: Dormant Dogecoin wallet awakens from its death
Dogecoin News: Elon Musk’s favorite meme cryptocurrency, Dogecoin(DOGE), has seen a decline despite recent recovery rallies. Prices for DOGE have fallen by around 5% in the past 60 days, while prices for Shiba Inu prices (SHIB), have increased by a staggering 58% over the same period. The DOGE community is confused by new whale activity.
According to WhaleAlert data, a dormant wallet containing 2.043 million Dogecoin (approx. worth $186k) was just activated. After a long period, the unknown owner of this dormant wallet decided it was time to be activated.
This activation came at a time when Dogecoin was feeling low. DOGE enthusiasts are waiting for updates on new projects. Although Elon Musk hasn’t mentioned Dogecoin in recent tweets.
Dogecoin prices have fallen by 4% over the past 24 hours. At press time, DOGE trades at $0.092 an average price. However, DOGE’s 24 hour trading volume has fallen by more than 50% to $543 million. Find out more Dogecoin news here
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