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Tag: Dogecoin News

2.69 Billion Dogecoin Transfer Fee Cost User Only 0.00226 DOGE
Cryptocurrency

2.69 Billion Dogecoin Transfer Fee Cost User Only 0.00226 DOGE

Fees for Dogecoin transactions are at their cheapest levels as a user paid zero fees to move 2.69 billion Dogecoin worth $357,926. The almost zero-fee transaction had the Dogecoin user paying 0.00226 DOGE for the behemoth transaction. Read Also: Dogecoin Trading Volumes Spike Amid Whales' Utility: Details https://twitter.com/JustinScerini/status/1520983439964573696 As stated by the Dogecoin Foundation, its goal is to make DOGE the global currency for exchanging products and services. It proves to be working on a particular project to get the Dogecoin Ecosystem ready for quick grassroots adoption, citing the fact that the world's unbanked population stands at 1.7 billion people. In April, RadioDoge was used to send the first Dogecoin transaction without the nee...
Elon Musk Believes Dogecoin Could Solve Twitter’s Spam Bot Problem
Cryptocurrency

Elon Musk Believes Dogecoin Could Solve Twitter’s Spam Bot Problem

In the late Tweet, Tesla CEO Elon Musk opined that solving Twitter’s spam problem can be solved with the help of Dogecoin, the largest cryptocurrency. The idea that caught Musk’s attention was originally proposed by fellow billionaire Mark Cuban. Read Also: Dogecoin Trading Volumes Spike Amid Whales' Utility: DetailsCuban proposed adding an optimistic rollup to Dogecoin. Every Twitter user would be required to put up 1 DOGE for unlimited posts. Real humans would be able to receive the spammer’s tokens after successfully contesting his or her post. Conversely, one will end up losing his or her Doge tokens if they falsely label some tweets as spam. Dogecoin co-founder Billy Markus says that he likes such an idea “a lot” in his response to Cuban. Cuban, who used to be a...
Dogecoin-Accepting Luxury Brand Seeing Demand for Crypto Payments
Cryptocurrency

Dogecoin-Accepting Luxury Brand Seeing Demand for Crypto Payments

Controversial German Fashion designer Philipp Plein is seeing developing demand for cryptocurrency payments, as stated in his recent interview. Read Also: Dogecoin Trading Volumes Spike Amid Whales' Utility: DetailsPlein believes his fashion brand could rake in almost $16 million from crypto-savvy clients in 2022. Last year, digital assets accounted for roughly 3% of the sales, but their share is expected to grow in 2022. As reported by U.Today, his luxury brand started accepting cryptocurrencies last August. It allows clients to pay in Bitcoin, Dogecoin, Ethereum, and Tether as well as other altcoins. Philipp Plein became the first prominent fashion brand to make such a move.The experiment turned out to be a success from day one because of strong engagement. The fashion b...
Dogecoin Trading Volumes Spike Amid Whales’ Utility: Details
Cryptocurrency

Dogecoin Trading Volumes Spike Amid Whales’ Utility: Details

According to WhaleStats, Dogecoin is now in the top 10 by trading volume among the 2,000 biggest BSC whales in the last 24 hours. Dogecoin trading volumes have supposedly risen amid a spike in whales' utility. As previously covered, data from IntoTheBlock reported a rise in the volume of on-chain Dogecoin transactions greater than $100,000, as the total worth soared to highs of $2.59 billion on April 25. Read Also: AXE to Drop Dogecoin-Themed Deodorant Stick Today https://twitter.com/WhaleStatsBSC/status/1519383642602147840 Cryptoanalyst Ali Martinez counts 2,400 large transactions, representing a 4-month high. He observes that  ''such market behavior can act as a proxy for whales' activity, suggesting how they may be positioning for a big price move.'' Dogecoin went on a ma...
AXE to Drop Dogecoin-Themed Deodorant Stick Today
Cryptocurrency

AXE to Drop Dogecoin-Themed Deodorant Stick Today

Unilever subsidiary brand Axe is going to drop 100 Dogecoin-themed antiperspirant deodorant sticks this Wednesday.As reported by U.Today, the limited edition of “Dogecan: The Stick” was initially announced on “Dogeday,” which is celebrated on Apr. 20, abbreviated as 4/20. Read Also: Dogecoin Huge Transactions Spike 400% to Four-Month Highs, DOGE Profitability Jumps Dogecoin fans have to register in advance to be able to purchase one of the sticks with the help of their favorite meme coin. Last year, Axe also dropped a “crypto scented” body spray inspired by the top meme cryptocurrency roughly a year ago. It initially intended to release a limited edition of such cans if the price of Dogecoin were to reach $1. One of the leading deodorant brands decided to give a...
Dogecoin Huge Transactions Spike 400% to Four-Month Highs, DOGE Profitability Jumps
Cryptocurrency

Dogecoin Huge Transactions Spike 400% to Four-Month Highs, DOGE Profitability Jumps

IntoTheBlock analytics team reports a rise in the volume of on-chain Dogecoin transactions greater than $100,000, as the total worth soared to highs of $2.59 billion on April 25. It notes that this is the highest volume seen since March 24, comprising 94% of the total volume. Read Also: 219 Billion SHIB Bought by Major Shiba Whale as Token Spikes by 10% https://twitter.com/ali_charts/status/1518822924588929024 Cryptoanalyst Ali Martinez gives the count of these large transactions as 2,400 in number, representing a four-month high. He notes that ''Such market behavior can act as a proxy for whales' activity, suggesting how they may be positioning for a big price move.'' https://twitter.com/intotheblock/status/1518880437657079808 Large transaction spik...
219 Billion SHIB Bought by Major Shiba Whale as Token Spikes by 10%
Cryptocurrency

219 Billion SHIB Bought by Major Shiba Whale as Token Spikes by 10%

Ethereum investor "BlueWhale0073" continues scooping up Shiba Inu, purchasing the meme token in the billions. His most recent purchase of the canine cryptocurrency was almost 5x bigger than the one made last week. 219 billion Shiba grabbed by a whale, with 2 trillion bought earlier WhaleStats has reported another significant purchase of the second-largest canine token by market cap—Shiba Inu. Over 12 hours ago, a staggering 219,332,229,787 SHIB were sent to the whale's 0x66e092fd00c4e4eb5bd20f5392c1902d738ae7bc wallet. This is the equivalent of $5,454,792 in fiat. Read Also: Here's Why Dogecoin Becomes One of the Top Purchased Coins for BSC Whales. https://twitter.com/WhaleStats/status/1518696687107440640 notwithstanding, the whale has already sol...
Dogecoin Back to Top 10 as Twitter Receives Elon Musk’s Buyout Deal
Cryptocurrency

Dogecoin Back to Top 10 as Twitter Receives Elon Musk’s Buyout Deal

Dogecoin (DOGE), the original meme cryptocurrency, has once returned to the CoinMaketCap top 10. It is currently valued at roughly $22 billion. Twitter has conceded the centibillionaire, Elon Musk’s offer to acquire the social media giant for roughly $44 billion, according to an official press release. Read Also: Here's Why Dogecoin Becomes One of the Top Purchased Coins for BSC Whales. The price of meme cryptocurrency soared to an intraday high of $0.1711 shortly after the announcement. The company’s shareholders will receive $54.20 per share, which marks a whopping 38% premium. The Tesla boss claimed that it was a “final” offer.     It's not clear when the transaction will be finalized since the massive deal requires regulatory approval.    As stat...
Here’s Why Dogecoin Becomes One of the Top Purchased Coins for BSC Whales.
Cryptocurrency

Here’s Why Dogecoin Becomes One of the Top Purchased Coins for BSC Whales.

WhaleStats on-chain data platform has reported that the most popular meme cryptocurrency, DOGE, has entered the list of the top 10 coins BSC (BNB Chain) whales are after. This happened after Dogecoin spiked by nearly 14% on the news regarding Twitter and Tesla boss Elon Musk. Read Also: 86.6 Billion SHIB Bought by Whale, Who Grabbed Almost 2 Trillion SHIB in April JUST IN: $DOGE @dogecoin is now on the top 10 purchased tokens among the 100 biggest #BSC whales in the last 24hrs Check the top 100 whales here: https://t.co/0SYnjw0xQs(and hold $BBW to see data for the top 4000!)#DOGE #whalestats #babywhale #BBW pic.twitter.com/2bcy6CwZov — WhaleStats - the top 1000 BSC rich list (@WhaleStatsBSC) April ...
Elon Musk Suppose These Two Things Will Make Dogecoin More Useful
Cryptocurrency

Elon Musk Suppose These Two Things Will Make Dogecoin More Useful

In a response to a recent tweet posted by Dogecoin creator Billy Markus, Tesla CEO Elon Musk has opined that meme cryptocurrency Dogecoin would definitely gain more utility if more businesses started accepting it. Read Also: First Dogecoin Transaction without Internet Sent via RadioDOGE, Marking Notable Moment The world’s richest person also added that using Dogecoin for tripping creators would be “nice”. Notwithstanding, Musk argues that creating a  bridge between Ethereum and Bitcoin is not needed despite potential use cases in the web3 sector.  As reported by cryptolifedigital, the entrepreneur lately proposed allowing Twitter users to pay for Twitter Blue subscriptions with help of Dogecoin after acquiring a 9.2% stake in the company. Read Also: Dogecoin ...