search
Homeweb3.0Dogecoin (DOGE) Price Crumbles as 119 Million DOGE Are Transferred to Robinhood

The Dogecoin (DOGE) community has been stunned by a massive transfer. More than 119 million DOGE, according to Whale Alert, were transferred from an unknown crypto

Dogecoin (DOGE) Price Crumbles as 119 Million DOGE Are Transferred to Robinhood

A massive crypto wallet transfer has taken place, involving over 119 million Dogecoin (around $11.7 million) being shifted to Robinhood, as reported by Whale Alert. This significant transfer is expected to impact market movements.

Robinhood is a popular trading platform among meme coin enthusiasts, and its activities can influence the market. For instance, in Q1, Robinhood saw a 224% surge in its notional crypto trading volume, reaching $36 billion. This exceeded the previous year's levels and contributed to the American company's total revenue rising by 40% year-over-year to $618 million.

In this case, the large amount of DOGE being transferred to Robinhood suggests a sell-off, which could introduce bearish sentiment into the market. The presence of large holders selling is an indication of selling pressure.

As of now, Dogecoin is trading at $0.09629, following a 2.87% decrease over the last 24 hours. This marks a significant decline for the meme coin, adding another zero to its price—a negative sign for traders.

The broader outlook is also bearish, with the DOGE price showing a 10.05% decrease over the last month. This negative sentiment is evident throughout the market, as another crypto crash occurred today.

The total crypto market cap has fallen to $1.99 trillion after a 3.6% decrease in the last 24 hours. It failed to hold above the crucial $2 trillion market, indicating increasing challenges for the crypto community.

The above is the detailed content of Dogecoin (DOGE) Price Crumbles as 119 Million DOGE Are Transferred to Robinhood. For more information, please follow other related articles on the PHP Chinese website!

Statement
The content of this article is voluntarily contributed by netizens, and the copyright belongs to the original author. This site does not assume corresponding legal responsibility. If you find any content suspected of plagiarism or infringement, please contact admin@php.cn
Meme Coins' Hot Streak Cooled Dramatically in Q1 2025Meme Coins' Hot Streak Cooled Dramatically in Q1 2025Apr 18, 2025 pm 12:24 PM

This sharp drop happened as investor interest faded and a major scandal hit the highly speculative market.

We Tend to Think Coin Flips Are Unfair When We LoseWe Tend to Think Coin Flips Are Unfair When We LoseApr 18, 2025 pm 12:22 PM

Despite being pretty much the iconic example of “random” – well, that and dice rolls – we can't help but feel like there's some element of skill involved. Especially when we lose.

Bitwise Announces the Listing of Four of Its Crypto ETPs on the London Stock Exchange (LSE)Bitwise Announces the Listing of Four of Its Crypto ETPs on the London Stock Exchange (LSE)Apr 18, 2025 am 11:24 AM

Bitwise, a leading digital asset manager, has announced the listing of four of its crypto Exchange-Traded Products (ETPs) on the London Stock Exchange (LSE).

Bitcoin Set to Explode After Gold's Rally: Here's When BTC Could Break All-Time HighsBitcoin Set to Explode After Gold's Rally: Here's When BTC Could Break All-Time HighsApr 18, 2025 am 11:22 AM

Bitcoin may be poised for a massive rally—but only if gold continues its upward climb, according to Joe Consorti, Head of Growth at Theya.

Shiba Inu (SHIB) Price Prediction 2025: Targeting $0.0000399 By Year-EndShiba Inu (SHIB) Price Prediction 2025: Targeting $0.0000399 By Year-EndApr 18, 2025 am 11:20 AM

The Shiba Inu price continues to attract the attention of analysts, who are watching for its next potential move. By Samuele Piar. Updated April 14, 2025.

Ripple and U.S. Securities and Exchange Commission (SEC) Agree to Hold the Appeal in AbeyanceRipple and U.S. Securities and Exchange Commission (SEC) Agree to Hold the Appeal in AbeyanceApr 18, 2025 am 11:18 AM

The joint motion of Ripple and U.S. Securities and Exchange Commission (SEC) to hold the appeal in abeyance has been granted by the Circuit Judge Jose A. Cabranes.

Bitcoin (BTC) was treading water just below $85,000Bitcoin (BTC) was treading water just below $85,000Apr 18, 2025 am 11:14 AM

Bitcoin (BTC) was treading water just below $85,000 late Thursday as tensions between U.S. President Donald Trump and Federal Reserve Chair Jerome Powell added another layer of uncertainty for investors.

AB DAO Launches Dual Reward Campaign in Collaboration with Bitget to Celebrate Its Token Generation EventAB DAO Launches Dual Reward Campaign in Collaboration with Bitget to Celebrate Its Token Generation EventApr 18, 2025 am 11:12 AM

Today, AB DAO officially announced the launch of a dual reward campaign in collaboration with Bitget (bitget.com), the world's second-largest digital asset trading platform.

Hot AI Tools

Undresser.AI Undress

Undresser.AI Undress

AI-powered app for creating realistic nude photos

AI Clothes Remover

AI Clothes Remover

Online AI tool for removing clothes from photos.

Undress AI Tool

Undress AI Tool

Undress images for free

Clothoff.io

Clothoff.io

AI clothes remover

AI Hentai Generator

AI Hentai Generator

Generate AI Hentai for free.

Hot Article

R.E.P.O. Energy Crystals Explained and What They Do (Yellow Crystal)
1 months agoBy尊渡假赌尊渡假赌尊渡假赌
R.E.P.O. Best Graphic Settings
1 months agoBy尊渡假赌尊渡假赌尊渡假赌
Will R.E.P.O. Have Crossplay?
1 months agoBy尊渡假赌尊渡假赌尊渡假赌

Hot Tools

WebStorm Mac version

WebStorm Mac version

Useful JavaScript development tools

Atom editor mac version download

Atom editor mac version download

The most popular open source editor

DVWA

DVWA

Damn Vulnerable Web App (DVWA) is a PHP/MySQL web application that is very vulnerable. Its main goals are to be an aid for security professionals to test their skills and tools in a legal environment, to help web developers better understand the process of securing web applications, and to help teachers/students teach/learn in a classroom environment Web application security. The goal of DVWA is to practice some of the most common web vulnerabilities through a simple and straightforward interface, with varying degrees of difficulty. Please note that this software

SublimeText3 English version

SublimeText3 English version

Recommended: Win version, supports code prompts!

SublimeText3 Mac version

SublimeText3 Mac version

God-level code editing software (SublimeText3)