Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of U.Today. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.
- Doge gets on these top 10 lists of crypto
- Here’s why Dogecoin price keeps falling
According to data shared by WhaleStats, the original meme coin DOGE has entered the list of coins with the highest trading volume.
Doge gets on these top 10 lists of crypto
DOGE sits on the 6th spot among the top ten coins on trading volume and it is also on the top ten list of the most purchased digital assets by whales on the BNB Chain, previously known as BSC – Binance Smart Chain.
According to the website of the aforementioned blockchain tracking service, the comprised portfolio of BSC whales now contains $10,104,819 worth of Dogecoin, which is 0.92 percent of the portfolio.
Peep the top 100 whales here: https://t.co/gGAxYJbS43
— WhaleStats – the top 1000 BSC richlist (@WhaleStatsBSC) June 17, 2022
Here’s why Dogecoin price keeps falling
At the time of this writing, DOGE is trading at $0.05325 after showing a decline 6.73 percent in the past 24 hours. The meme coin is dropping pushed down by the overall market decline with Bitcoin falling to $19,000 and Ethereum going below $1,000.
Besides, the biggest Dogecoin influencer Tesla boss Elon Musk has been hit with a lawsuit for promoting Dogecoin, which is referred to as a Ponzi scheme by the plaintiff. He demands Musk to stop promoting DOGE and pay him a total of $285 billion.
This news is republished from another source. You can check the original article here