Well-known cryptocurrency monitoring platform Whale Alert, which traces elegant crypto transactions and shares their significant points on the X social media app (formerly broadly is named Twitter) has offered that extra than a hundred million Dogecoin has been deposited to a neatly-liked funding platform Robinhood.
On Friday, a beautiful smaller amount of DOGE became as soon as moved to the identical platform, per the aforementioned tracker, which makes it approximately 200 million DOGE sent to Robinhood within the last two days.
200 million DOGE deposited to Robinhood, Elon Musk suspected
Tweets printed by the tracker display two giant quantities of crypto that non-public been transferred by nameless digital pockets dwelling owners to the brokerage platform Robinhood within the last Forty eight hours – 118,402,438 DOGE evaluated at $19,752,398 and 86,000,000 DOGE price $14,123,854. Thus, extra than $33.8 million price of the typical meme cryptocurrency has been moved to Robinhood with a probable perform of promoting those meme money.
Elon
— The Crypto Monster 🍪🍪 (@MonstersCoins) March 15, 2024
In the exclaim thread below essentially the most trendy switch customers began to fabricate guesses as to who may per chance well personal initiated those transactions. Two X customers named the very finest Dogecoin fan Elon Musk, pretty jokingly assuming that it would also simply be him who transferred those funds to the shopping and selling platform.
Elon vangcad
— dr. H . Arief Al Habsy (@AriefAlhabsy18) March 15, 2024
Elon Musk teases ability DOGE funds for Tesla
In a grand model, this week for the period of his speech at the Tesla Giga Tournament in Berlin, centibillinaire and chief executive of Tesla (and owner of X) Elon Musk became as soon as asked if Tesla plans on rolling out DOGE funds for its electric cars.
Musk published that at some level in due direction they are seemingly to design that. He again reminded the community that he believes DOGE to be of us’s forex, since many sensible Tesla workers on the general inquire Musk to toughen Dogecoin in preference to BTC. Musk says that for him this is a ample proof that he ought to peaceful present public toughen to this meme cryptocurrency. Bitcoin, he mentioned, is owned by rich of us, while DOGE is peaceful cheap to sensible workers.
That assertion made by Musk precipitated a gargantuan Dogecoin lengthen of virtually 17%, which came about between Wednesday and Thursday. Then again, a significant decline followed, as on the general happens when Musk pumps DOGE, and by now the meme coin’s imprint has dropped by 15%, shopping and selling at $0.1621.
