Dogecoin (DOGE) has risen dramatically in the market cap rankings. Meanwhile, according to blockchain metrics, the awakening of DOGE whales in the last 24 hours coincides with the time altcoin broke a new record.
According to BitInfoCharts data, over $ 12 billion of DOGE was transferred on the blockchain last day. DOGE overtakes ETH in this metric. On the same day, only $ 6 billion worth of coins were moved on the ETH blockchain.
Dogecoin is a coin that was created as a joke in 2013. It has no active developer and its creator sold all of its coins in 2016.
Dogecoin (DOGE) by market cap; ADA outperforms DOT and USDT
Also, Dogecoin has once again surprised most crypto traders and analysts today. This time around, Polkadot surpassed Cardano and Tether and became the fifth most valuable asset by market capitalization. DOGE has been valued up to 200% in the last 24 hours at the time of writing. According to CoinGecko data, the popular altcoin reached the level of $ 0.415 at around 16:00 Turkish time, setting its latest all-time high.
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