Dogecoin Rises 4.45% Amidst Anonymous 120 Million DOGE Transfer To Robinhood
Portfolio Pulse from Bibhu Pattnaik
A transfer of 120 million Dogecoin to Robinhood has led to a 4.45% increase in DOGE's price. The wallet involved has been active with significant outflows and inflows, highlighting the impact of large transfers on Dogecoin's market dynamics.
May 18, 2024 | 5:14 pm
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A transfer of 120 million Dogecoin to Robinhood has led to a 4.45% increase in DOGE's price, highlighting the platform's role in significant cryptocurrency transactions.
The large transfer of Dogecoin to Robinhood and the subsequent price increase of DOGE underscore Robinhood's significant role in the cryptocurrency market. This could attract more users to the platform, positively impacting its stock price.
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