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Doginme Token Surges Over 150% After A Whale Purchase
As the cryptocurrency market continues to exhibit extreme volatility, a shocking development has unfolded in the blockchain landscape. The DOGINME token, which had been relatively quiet up until this point, is currently trending upwards at an extraordinary rate.
According to recent data provided by Lookonchain, Doginme’s price surged from $0.00038951 to $0.00078256 within a 24-hour period. This massive increase represents a whopping 150% rise in value for the token, sending shockwaves throughout the digital asset community.
The unexpected and extraordinary spike can be attributed to an unprecedented whale purchase of 254.66 million DOGINME tokens, valued at approximately $97.7K (51.2 ETH). The transaction was facilitated by the creation of a new wallet, which subsequently triggered an avalanche-like increase in the token’s value within hours.
This sudden shift is not the only factor contributing to Doginme’s meteoric rise; Coinbase’s recent announcement further fueled investor enthusiasm and speculation surrounding the project. As the market continues to grapple with this unexpected turn of events, the future prospects of DOGINME have taken center stage.
The whale’s strategic purchase has effectively awakened interest in the token, resulting in a $108K unrealized profit for the trader (a staggering 110% increase from the original investment).
In light of these extraordinary developments, it remains to be seen whether Doginme can continue this remarkable upswing momentum and garner sustained investor attention. The blockchain world is left abuzz, watching with bated breath as events unfold.
Will DOGINME’s newfound traction continue to propel its value upwards? Only time will tell.
Source: https://cryptotale.org/doginme-token-surges-over-150-after-a-whale-purchase/
