Santiment data reveals that over 210 million Dogecoin have been acquired by major investors in the past 48 hours. Meanwhile, Elon Musk captures attention with his tweet.
Major Dogecoin Purchases
According to Santiment, crypto whales have accumulated 110 million Dogecoin in the last 48 hours. This might indicate increased market confidence and potential price growth.
Dogecoin Transfer to Binance
Whale Alert reports that on February 20, an anonymous crypto whale transferred 100 million Dogecoin to the largest cryptocurrency exchange Binance, equivalent to $25.4 million.
Elon Musk's New Stunt
Elon Musk posted a photo wielding a chainsaw given by Argentine President Javier Milei. In his tweet, he again called himself 'The DogeFather', a title he first used in April 2021 ahead of his Saturday Night Live debut.
The activity of major investors and Elon Musk's attention to Dogecoin might significantly impact the future market of this cryptocurrency.