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

Trending Stories

About the author

The content presented may contain the author’s personal opinion and may not reflect current market conditions. Before investing in cryptocurrency, do your market research. The publication or the author are not responsible for any financial loss.

Crypto Stories
View all