As stated by IntoTheBlock data, Dogecoin’s large transactions rose 68% in the last 24 hours. This implies that the whales, or large holders, have resumed their activities. Large transaction surges are typically linked to increased activity from whales, who are either buying or selling, and these total more than $100,000.
The breakthrough does not stop there, according to the WhaleStats report Dogecoin now ranks among the top 10 purchased assets among the biggest 100, 500, and 2,000 BSC whales in the last 24 hours.
Dogecoin on Kraken
San Francisco-based crypto exchange, Kraken adds support to Dogecoin as it gears up to list Dogecoin’s future contracts.
The futures contract derives its value from the underlying cryptocurrency, Dogecoin in this case, and permits one to gain exposure to the cryptocurrency without actual ownership. Trading is set to begin on Monday, June 20. Kraken is also set to offer futures contracts for Tron’s TRX and Fantom’s FTM. Several exchanges have previously launched support for Dogecoin futures.
A week ago, Dogecoin is adopted by Big3 as a result of the purchase, bringing to a conclusion the integration of the MyDoge wallet, which permits players, coaches, and teams to gain Dogecoin tips on Twitter.
[…] The large transaction came as a result of the whales’ interaction with billion of Shiba Inu which made the top Shiba Inu holders have a 16.67% spike in active addresses according to WhaleStats‘ analysis. Presently whales’ trading volumes and average Shib value rose by 27.78% and 17.94%, respectively, in the last 24 hours. […]
[…] stated by the FTX Japan Twitter page, Dogecoin is currently available on FTX Japan. The crypto exchange stated on its website that it will start […]