The post Dogecoin Whale Accumulation Spike – Is DOGE Price Getting Ready To Moon? appeared first on Coinpedia Fintech News

The biggest development that has been circling the cryptocurrency market is that Elon Musk is now reviving his Twitter deal for his initial asking price. That makes one share of TWTR stock worth $54.20.

This follows months of legal negotiations and Musk’s threats to cancel the agreement because of an allegedly large number of bots on the social media network.

However, investors in DOGE are happy to hear it because Musk frequently uses the platform to advertise the cryptocurrency. Dogecoin holders are pushing the cryptocurrency higher right now thanks to his pledge to buy Twitter.

Spike in Whale Transactions

According to on-chain data by Santiment, as of October 4, Dogecoin reported 85 whale transactions totaling at least $100,000 and was still the tenth largest cryptocurrency by market cap.