Dogecoin has continued its slow performance this year. And now, its crypto whales’ exodus has raised concerns among investors. Recently, a Dogecoin whale transferring over 118M DOGE valued at $13.3M to Binance has fueled speculations about a sell-off and potential price decline for Dogecoin. The timing could have been better! It coincides with the downturn of top meme coins, and Dogecoin has been a target for profit-taking investors since its price action has been short of encouraging this year. Unfortunately, Dogecoin slipped below $0.1 for the second time this month. Currently, DOGE is trading at $0.098, a 25% drop in a month.
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As the Web-3 wallet team notes, Bitget Wallet is used in over 168 countries and regions, and has built a strong community around the world. Bitget Wallet has achieved significant success in Europe, North America, and Oceania, with user growth in Russia, Italy, Sweden, and Australia exceeding last year’s figures by more than 40 times. In addition, countries such as France, Portugal, the UK, Turkey, and Canada have seen growth rates exceeding 1000%. “Our success in international expansion highlights the critical role of innovation and ecosystem development in the Web3 space. We aim to not just grow market share, but to drive the entire industry forward by creating unrivaled value for Web3 users around the world. The future of Web3 is bright, and Bitget Wallet is excited to lead the way,” said Alvin Kan, COO of Bitget Wallet. Bitget Wallet has seen particularly strong user growth in Asia.
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Former President Donald Trump is headed to Tennessee this weekend to deliver a keynote address at a major bitcoin conference. It’s looking like he’ll be in front of a favorable crowd. Trump, the Republican nominee for president, has raised more than $4 million from a mix of digital tokens, a campaign aide told CNBC. Contributors have donated bitcoin , ether , Ripple’s XRP token, the U.S. dollar pegged stablecoin USDC and various memecoins, according to a Federal Election Commission filing. The 1,000-plus page report shows totals for the “Trump 47” joint fundraising committee from April 1 to June 30. The committee raised more than $118 million during that period, with payouts going to the Trump campaign, the Republican National Committee and other parties, according to the filing.
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