DOGE Market Cap EXPLODES!: 456 Million DOGE COIN on the Move! Hit $1

DOGE Market Cap EXPLODES!: 456 Million DOGE COIN on the Move! Hit $1

what’s up crypto Chronicle fam it’s your
host Adam bringing you the latest Doge
drama buckle up because things are
getting crazier than a Sheba in you at a
Dogecoin convention whales on the
move so Dogecoin has been grabbing
headlines again and this time it’s all
about some whale action now for those
new to the crypto game whales are
basically these big investors who hold a
ton of coins and when they move their
coins it can send ripples through the
entire
Market According to some block chain
tracking folks a whopping 456 million
Doge that’s almost half a billion
dollars worth just got transferred to
coinbase a major crypto exchange this
obviously got everyone talking with some
folks worried it might be a sign of
Wales losing faith in
Dogecoin is Doge
diving now this kind of whale movement
usually suggests selling which can push
the price down but here’s the twist
Dogecoin is actually up a little bit
today like
0.36% that’s going against the grain of
the market and confusing
everyone let’s get
technical hold on a sec Doge famam
before we dive deeper into the recent
whale activity and its possible
implications for the price let’s get a
quick rundown of dogecoins current
technicals as of April 26th the live
price of Dogecoin Doge sits at 0.15
USD this means that one doge is
currently worth a little bit more than
15 cents that might not seem like much
but it’s important to remember that
Dogecoin was created as a joke and its
price price has fluctuated wildly over
the
years dogecoins total Supply is
constantly inflating unlike Bitcoin
which has a cap Supply in fact there are
currently over 144 billion dogecoins
circulating with more being created all
the time this circulating Supply figure
is a key metric for understanding
dogecoins market capitalization which is
essentially the total value of all
Dogecoin in circulation right now
Dogecoin boasts a market capitalization
of over 21.7 billion
USD this means that if you were to add
up the value of every single Dogecoin in
existence it would total over $21.7
billion that’s pretty impressive for a
mcoin interestingly in the last 24 hours
the price of Dogecoin barely budged
experiencing a change of practically
0% this suggests that there’s been a
relative balance between buying and
selling pressure in the market however
trading volume remains healthy at over
641 million USD this means that a
significant amount of Dogecoin is being
exchanged changed hands even though the
price isn’t moving
much the Dogecoin
dilemma all right back to the drama so
what is it all mean the whale activity
suggests some big players might be
getting out of Doge this combined with a
drop in trading activity has some
investors feeling bearish meaning they
think the price is going to
fall but here’s the other side of the
coin some folks are still super
optimistic about Dogecoin in the long
run they believe that after a big event
called the haling which cuts down the
number of new Dogecoin created the price
will Skyrocket just like Bitcoin
did stay
tuned we’ll be keeping a close eye on
Dogecoin and all the other cryptos out
there make sure you’re subscribed to the
channel so you don’t miss a beat in the
meantime hit the Thumbs Up Button if you
enjoyed the video and let us know in the
comments what you think about the future
of
Dogecoin will it soar like a Sheba or
sink like a stone only time will tell

Dogecoin’s price is stuck in limbo, but whale activity is stirring the pot! In this video, we dive deep into the recent transfer of 456 million DOGE to Coinbase and explore what it means for the future of Dogecoin. We break down the latest technicals, including Dogecoin’s market cap, circulating supply, and trading volume. Is this a sign of whales losing faith, or is there a bullish case for DOGE in the long run? We explore both sides of the coin and what the upcoming halving event could mean for the price. Will Dogecoin soar like a Shiba or sink like a stone? Tune in to find out and don’t forget to leave your prediction in the comments below!