Ancient Dogecoin Whale From Launch-Era Roars Back To Life Almost After A Decade, Moving 5M In DOGE
Portfolio Pulse from Mehab Qureshi
A Dogecoin wallet that had been inactive for nearly a decade has carried out significant transactions, moving 5,392,984 DOGE worth $372,461. The wallet first received Dogecoin in December 2013, when the cryptocurrency was trading at $0.00054. The long-term holder of DOGE secured a profit of $366,493 after holding onto the meme token for almost a decade. Crypto analyst Ali Martinez has expressed optimism about Dogecoin, noting that it is breaking out from a multi-year descending triangle on the DOGE weekly chart.
October 31, 2023 | 4:22 am
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A Dogecoin wallet that had been inactive for nearly a decade has carried out significant transactions, moving 5,392,984 DOGE worth $372,461. Crypto analyst Ali Martinez has expressed optimism about Dogecoin, noting that it is breaking out from a multi-year descending triangle on the DOGE weekly chart.
The news of a decade-old wallet moving a significant amount of DOGE could potentially spark interest among investors and traders, leading to increased trading activity and potentially driving up the price. Additionally, the positive outlook from crypto analyst Ali Martinez could further boost investor sentiment.
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