Based on WhaleStats, Dogecoin, also referred to as DOGE, grew to become probably the most traded token among the many prime 100 Binance Coin (BNB) holders. On the best way to this achievement, DOGE overtook Filecoin’s token, FIL, which has been notably well-liked with these traders in latest days.
📰 JUST IN: $DOGE @dogecoin flipped $FIL for MOST TRADED token amongst prime 100 #BSC whales
Test the highest 100 whales right here: https://t.co/0SYnjw0xQs
(and hodl $BBW to see knowledge for the highest 4000!)#DOGE #FIL #whalestats #babywhale #BBW pic.twitter.com/KPYGe8wiVM
— WhaleStats – the highest 1000 BSC richlist (@WhaleStatsBSC) December 26, 2022
The rise in DOGE buying and selling volumes got here simply after the eccentric billionaire and new Twitter boss, Elon Musk, posted Christmas greetings, backed by footage of his canine. It’s seemingly nothing particular, however you possibly can spot the Dogecoin emblem on certainly one of them, which is of the Shiba Inu breed.
Merry Christmas & Good Cheer to All! pic.twitter.com/SupTpz4bLY
— Elon Musk (@elonmusk) December 25, 2022
Though one other point out of DOGE by Musk didn’t have a major affect on the token’s value, its buying and selling volumes throughout the vacation confirmed the next quantity than on some weekdays prior to now month.
How do BNB whales cope with Dogecoin?
Particularly, amongst these prime 100 BNB holders, DOGE traded a complete of $268,000, and the entire variety of tokens traded was 347,230. Nevertheless, diving deeper into the information, one can see that BNB whales have been largely promoting Dogecoin, when the asset’s gross sales quantity was 5 instances the quantity of purchases.
In whole, BNB whales maintain 96.55 million DOGE, representing 1% of its whole portfolio measurement. At $0.076 per Dogecoin, this quantity is equal to $7.53 million.