🚀 Dogecoin price increased by more than 35% to almost $0.20, leaving major cryptocurrencies behind. 🐋 A large DOGE transfer was made by a mysterious whale.
- Last week the cryptocurrency market boomed and Dogecoin was among the top performers.
- DOGE surpassed its competitors such as Solana (SOL), Ripple (XRP) and Binance Coin (BNB) with a transaction volume of $ 3.6 billion in the last 24 hours.
- Dogecoin's revival coincided with increased activity from major investors. Whale Alert uncovered the case of a mysterious person or entity transferring 1 billion DOGE (more than $180 million in current value) to an unknown wallet.
- Some analysts have put forward optimistic price predictions for the token. “Dogecoin going to $1 is highly unlikely the way it is traded against Bitcoin,” DonAlt said.
- Dogecoin is not the only meme coin that has been performing well lately. Shiba Inu (SHIB) is up 20% for the week, while Solana-based dogwifhat (WIF) is up 42% in the same period.