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Dogecoin Records Massive Whale Accumulation After Twitter Payment Update

Whales transferred large amounts of Dogecoin (DOGE) amid reports claiming Elon Musk started applying for regulatory licenses in the U.S. for Twitter payments. The Dogecoin community has been actively awaiting Dogecoin integration on Twitter, as hinted by Elon Musk earlier. The DOGE price has rallied nearly 10% in the last 24 hours, while other cryptocurrencies fall.

According to Whale Alert, a whale transferred 450,000,000 Dogecoin (DOGE) worth nearly $40,221,539 at 01:16 AM UTC on January 31. The whale accumulation came after reports of Elon Musk’s master plan for Twitter payments surfaced in the crypto community.

(By Varinder Singh)

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