Dogecoin Rises 10% as Whales Accumulate, Shiba Inu Drops 10%
Dogecoin and Shiba Inu have recently experienced significant spikes in large transaction volumes, sparking speculation about the return of major investors, commonly referred to as "whales." This renewed interest in these meme coins has led to increased investor attention and speculation about potential price movements.
Dogecoin (DOGE) has been particularly volatile, with large transaction volumes resurfacing in recent days. This meme coin, popular among retail investors, has seen whales accumulating Dogecoin once again. Reports indicate that 150 million Dogecoin tokens were acquired by whales within a 72-hour period. Despite a 10% weekly decline, Dogecoin's price has risen to $0.18, with investors hopeful that another rally could be imminent if demand continues to grow.
Shiba Inu (SHIB), on the other hand, has experienced a decline in large transactions over the past week, with its price dropping by 10% to $0.000012. Over the past month, Shiba Inu has decreased by 19% as the meme market has faced a significant downturn. However, data shows that Shiba Inu's large transaction volumes spiked over 150% between March 2nd and 5th, with whales trading $17.28 million worth of Shiba Inu on March 2nd. This surge in volume is seen as a positive sign for Shiba Inu and its Layer 2 blockchain, Shibarium, which aims to enhance the scalability of the SHIB network.
While Dogecoin and Shiba Inu have been in the spotlight, other cryptocurrencies like Rollblock (RBLK) have also been gaining traction. Rollblock offers a unique platform with over 7,000 classic games, including live poker and themed slot machines, as well as a popular sports prediction league. The platform leverages Ethereum's immutable blockchain to ensure transparency and security, addressing long-standing issues in the gaming industry related to tampering and manipulation. Rollblock has received a prestigious gaming license, further enhancing its credibility and trustworthiness.
Rollblock's business model is designed to benefit investors by using 30% of its revenue to buy back RBLK tokens, with 60% of these buybacks being burned to reduce the supply. The remaining 40 
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