Critical Dogecoin Decision from Binance: Transactions Suspended! - News-Credit-Mortgage-Coin

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Thursday, November 11, 2021

Critical Dogecoin Decision from Binance: Transactions Suspended!

 



Cryptocurrency exchange giant Binance has suspended Dogecoin (DOGE) withdrawals due to an error detected in the system. According to the statements made on the official website of the exchange, a minor issue with withdrawals from the DOGE network was discovered on Binance in a version update on November 11. The exchange informs users that withdrawals from the DOGE network will be closed for a while, while transactions can be made on other networks during this time.


Dogecoin is back in the lead!

Dogecoin's biggest rival, Shiba Inu (SHIB), was recently looted by multiple crypto whales. SHIB has made gains of up to 150% daily and 300% weekly in this process. He also occasionally took the eighth row seat of Polkadot (DOT), while his inspiration left Dogecoin behind. However, the threats surrounding the Shiba in recent days have prompted serious fixes. Currently, the second largest meme coin is trading at $0.00005664, 36.54% below its ATH of $0.000008845.

What happened to the Shiba Inu?

Whale movements started to be observed in the past days, which started the big drop in SHIB. The popular meme token remains deep red after its biggest daily sale since September. SHIB slid more than 15% on Nov. 5, and a Shiba Inu whale moved its wallet of 40 trillion SHIB, which was worth roughly $2.8 billion at the time, according to the data. While at the time of writing, Dogecoin is trading at $0.2593, it is positioned at the top of the 10th-ranked SHIB with $4 billion by market cap.




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