Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Benzinga
Benzinga
Business
Madhukumar Warrier

Dogecoin Now Among Top 10 Holdings Of The Biggest Binance Smart Chain Whales

Dogecoin (CRYPTO: DOGE) has joined the list of the ten most-held cryptocurrencies by the largest wallets on the Binance Smart Chain (BSC) network.

What Happened: Dogecoin was ranked tenth among the largest cryptocurrency holdings by the 1,000 biggest BSC whales, with a total value of $48.99 million, cryptocurrency data platform WhaleStats said in a tweet.

Meanwhile, Mobox (CRYPTO:MBOX) has flipped Ellipsis (EPS) to emerge as the most-traded token by the largest BSC whales over the past 24 hours, WhaleStats noted in another tweet.

The 1,000 largest BSC wallets are worth an average of $5.76 million and have an average of 6,079 Binance Coin as well as 19 tokens.

See Also: How To Buy Dogecoin (DOGE)

Why It Matters: Dogecoin’s popularity has surged since last year, in major part due to endorsement from Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk.

The cryptocurrency’s official Twitter account surpassed three million followers last week, making it the second-largest crypto with the most followers on the social media platform behind Bitcoin (CRYPTO: BTC).

Several major companies now accept Dogecoin for payments.

Price Action: Dogecoin is down 3.6% during the past 24 hours, trading at $0.1519 at press time.

Read Next: This P2E Coin Named After Elon Musk's Pet Floki Is Up Over 700% Today Even As Dogecoin And Shiba Inu Slump

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.