Dogecoin’s Whopping 60.9B Movement In 24 Hours: A Bullish Sign?
Posted On December 8, 2024
A whopping 60.9 billion Dogecoin (CRYPTO: DOGE) has been transacted in the past 24 hours, hinting at a possible bullish trend for the meme cryptocurrency.
What Happened: Data from IntoTheBlock reveals that the large transaction volume of Dogecoin has surged by 40.1% in the last 24 hours, totaling $23 billion or 60.9 billion DOGE.
Large transactions, which are those exceeding $100,000, are usually a sign of intense buying or selling pressure. This surge aligns with a significant increase in DOGE’s price. This sudden spike in transaction volume may …
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