In what comes as a bearish mover, a Dogecoin whale has raised severe market concerns by offloading nearly $140 million worth of tokens on Tuesday. Recent on-chain data indicated that 400 million DOGE was dumped into a cryptocurrency exchange, raising investor apprehensiveness amid the token’s latest price dip. As a result, market watchers are cautious regarding the meme coin’s future price action, as even the intraday price chart showed a crash of nearly 10%.
Read the full article here
