Dogecoin Charges Toward $0.30 Amid Solana Bridge Buzz, Grayscale’s DOGE ETF Delayed
Dogecoin (CRYPTO: DOGE) surged to $0.25, marking a 3.11% gain in the past 24 hours and a 7.94% gain over the last week. The price move followed a $40 million sell-off by major whales, the launch of Dogecoin and Solana (CRYPTO: SOL) Bridge, and the SEC’s delay in Dogecoin ETF approval.
According to Cryptopolitan, Dogecoin whales liquidated nearly $40 million in holdings, a sizeable move sparking caution. Whale Alert reported two large moves to an unknown wallet: one for 210 million DOGE and another for 50 million DOGE. The latest $40 million outflow adds to this recent pattern of sizable withdrawals.
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Blockchain developer, Psy, has introduced a bridge that links Solana Network with Dogecoin. Unlike the traditional bridges that rely on …
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