The new cryptocurrency WhaleCoin wants to dethrone dogecoin as the number one cryptocurrency after Bitcoin. It’s only selling point is that it’s whales are holding 10x as many as the dogecoin whales. The problem might be that it’s whales are holding 15x as many as the dogecoin whales. WhaleCoin founder “Whale” said “I’m not sure why people like doge, but i’m going to take it to the next level. We’re not only about whales, we are whales. These are my friends. It’s not about the whales, it’s about community. It’s all about love.” The only way to get WhaleCoin is to mine it, or to buy it, which is against
The whales of the cryptocurrency world have been making some big moves lately, but this one is perhaps the most impressive. According to data from Whale Alert, a Twitter account dedicated to reporting large cryptocurrency transactions, a whale going by the handle “dogehouse” spent 420.69 DOGE (about $0.0046) yesterday. That might not seem like a lot of money, but the catch is that DOGE is a meme-based cryptocurrency that’s worth only $0.00035 per token—which means “dogehouse’s” purchase was worth over $15 million.
As the crypto-currency market continues to soar, the bigger players are starting to stand out. One whale in particular managed to capture the interest of the community: a user going by the name of “HugeHugeShibe.” Early last month, the whale purchased over 420 million DOGE, a coin that was worth less than a penny at the time. Despite the fact people in the cryptocurrency community have tried to analyze HugeHugeShibe’s transactions for any hints of the whale’s real identity, no one has been able to pinpoint who is behind the purchases.. Read more about cryptocurrency prices and let us know what you think.Whoever has the biggest bag of Dogecoin seems to share Memecoin’s sense of humor. They bought a very small amount of DOGE yesterday, citing popular meme culture.
Who rents in DOGE
DH5yaieqoZN36fDVciNyRueRGvGLR3mr7L, the Dogecoin address that holds about 36.7 billion coins (and appears to have amassed that amount during the 2019 crypto market), acquired an additional 420.69 DOGE on Thursday, according to blockchain data. Image: BitInfoCharts. The purchase cost the whale a modest $165. But both numbers are deeply embedded in meme culture: 420 refers to cannabis or the act of smoking cannabis, and 69 refers to the popular (or unpopular) view of fornication. No one knows the exact identity of this whale – a colloquial term for the owner of a large amount of a particular cryptocurrency or other asset – but as of today, he has the sum of $15 billion. That’s nearly 30% of Dogecoin’s $51 billion market value at the time of publication, and when DOGE reached its all-time high of $0.73 earlier this month, it was worth more than $30 billion. It could be owned by a single person, a group of people, a cryptocurrency exchange (in a cold wallet) or a trading company, since Whale has never gone public. However, some say it is unlikely to be a wallet for cryptocurrencies, as such wallets have both inflows and outflows (the $15 billion wallet has rarely moved Dogecoin since its construction). However, they have two particularities: Keith is 1. extremely wealthy (who can invest millions of dollars in an asset meme) and 2. Share your fondness for today’s memes or adapt to them.
Is Elon Musk a better HODLer?
It all points to one person, according to some users of the Internet forum Reddit: Elon Musk, CEO of Tesla. He also has money and seems to love memes. For the past year, he has been promoting dogecoin on the microblogging site Twitter. How much is the Doge worth in the window? pic.twitter.com/bxTkWOr50V – Elon Musk (@elonmusk) May 20, 2021 Musk has previously stated that DOGE is on its way to the moon, bought memcoins for his youngest child, and even accepted Dogecoin as payment for a recent SpaceX mission. He’s not selling Dogecoin either, given yesterday’s response to the tweet. Let’s get one thing straight: I don’t think Elon will ever sell his Doge shares. This is the ultimate Hodler, Dave Lee, a prominent Tesla investor, tweeted yesterday. Yes, I haven’t sold a doge yet and I won’t, Musk quickly replied a few minutes later. Yes, I have not sold a Doge and will not do so. – Elon Musk (@elonmusk) May 20, 2021 It is not yet known whether this is the largest holder. But those who own DOGE are getting richer – the currency rose 10% shortly after Musk’s tweet yesterday. That’s how you get rich with a literal meme.
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Whale holding $15 billion in Dogecoin bought 420.69 Doge yesterday. The whale has been spotted on a few occasions over the past month, buying large amounts of Dogecoin. The whale does not seem interested in any other cryptocurrency. I am not sure what to make of this. Is the whale trying to pump and dump the price? Is the whale just a fan of Dogecoin? Is the whale just trying to accumulate? A lot of questions remain unanswered. The fact that the whale was able to buy Dogecoin without causing a huge spike in the price is impressive. I am no expert in trading, but I would not have thought that this would have been possible.. Read more about new cryptocurrency and let us know what you think.
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