Dogecoin (CRYPTO: DOGE) has joined the list of the ten most-held cryptocurrencies by the largest wallets on the Binance Smart Chain (BSC) network.
What Happened: Dogecoin was ranked tenth among the largest cryptocurrency holdings by the 1,000 biggest BSC whales, with a total value of $48.99 million, cryptocurrency data platform WhaleStats said in a tweet.
JUST IN: $DOGE @dogecoin is back on top 10 hodlings by 1000 biggest #BSC whales with total value of $48,985,958
— WhaleStats - the top 1000 BSC richlist (@WhaleStatsBSC) February 11, 2022
Whale leaderboard: https://t.co/Uc1nehDwkR#DogeCoin #DogeCommunity pic.twitter.com/s3TJzNzm79
Meanwhile, Mobox (CRYPTO:MBOX) has flipped Ellipsis (EPS) to emerge as the most-traded token by the largest BSC whales over the past 24 hours, WhaleStats noted in another tweet.
JUST IN: $MBOX @MOBOX_Official had flipped $EPS to be most traded token by 1000 biggest #BSC whales (24hrs)
— WhaleStats - the top 1000 BSC richlist (@WhaleStatsBSC) February 11, 2022
#MBOX price ups 8.6% in the past 24hrs with a current price of $3.36
Whale leaderboard: https://t.co/tYUaVqEZvV#MOMOverse #metaverse #NFTGame #GameFi pic.twitter.com/dgaIiNjHBy
The 1,000 largest BSC wallets are worth an average of $5.76 million and have an average of 6,079 Binance Coin as well as 19 tokens.
See Also: How To Buy Dogecoin (DOGE)
Why It Matters: Dogecoin’s popularity has surged since last year, in major part due to endorsement from Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk.
The cryptocurrency’s official Twitter account surpassed three million followers last week, making it the second-largest crypto with the most followers on the social media platform behind Bitcoin (CRYPTO: BTC).
Several major companies now accept Dogecoin for payments.
Price Action: Dogecoin is down 3.6% during the past 24 hours, trading at $0.1519 at press time.