Dogecoin whales were involved in about $3.5 million transactions in spite of the Elon Musk culture change at his new company.
The meme might need to endure its stay on the bearish zone considering revelations per price action.
Since Elon Musk took over Twitter, the Dogecoin [DOGE] community has remained hopeful of more substantial recognition. This same acquisition was vital to the rally the meme enjoyed in the first few days after Musk purchased the social media platform.
However, the celebration was not to last forever as DOGE slumped 8% in the last seven days. Furthermore as of 19 November, CoinMarketCap showed that the cryptocurrency exchanged hands at $0.084.
(By Suzuki Shillsalot)