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Benzinga
Benzinga
Business
Samyuktha Sriram

Dogecoin And Shiba Inu See 400% Surge In Large Transactions

SHIB DOGE Dogecoin Elon Musk

Whale activity in meme coins Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) was exceptionally high over the 24 hours leading up to Tuesday.

What Happened: According to data from IntoTheBlock, DOGE saw 1,262 large transactions, or transfers with a minimum value of $100,000, over the last day. This represents a 400% increase over the previous day.

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