Dogecoin Whale Transactions Jump 45% as DOGE Sees Buying Pressure

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Dogecoin Whale Transactions Jump 45% as DOGE Sees Buying Pressure
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Dogecoin large transaction surges 45% as DOGE accumulation rises DogeArmy $DOGE

Dogecoin also ranks as one of the most used smart contracts among the top 1,000 and 4,000 BSC whales in the last 24 hours.Earlier in the week, Tesla CEO Elon Musk reiterated his support for Dogecoin, offering one reason why he supports the meme coin. In an interview at the Qatar Economic Forum in Doha, Musk told Bloomberg,"A lot of people who are not that wealthy have encouraged me to buy and support Dogecoin. I'm responding to those people.

Elon Musk continues to be a staunch advocate of Dogecoin. The meme cryptocurrency's ascent to all-time highs of $0.76 in May 2021 coincided with Musk's appearance on"Saturday Night Live." At current prices, Dogecoin remains 90.97% down from its all-time high. Dogecoin also ranks 10th in the cryptocurrency ranking by market capitalization.Dogecoin rebounded from lows of $0.04 on June 18 and has ticked slightly higher. Bulls are making a pass at the $0.

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