Dogecoin's Future: Analysts Predict Burst to the Upside Despite Competition from Shiba Inu and COLT.

1 min read
Source: U.Today
Dogecoin's Future: Analysts Predict Burst to the Upside Despite Competition from Shiba Inu and COLT.
Photo: U.Today
TL;DR Summary

Popular trading app Robinhood holds over 24% of the total circulating supply of Dogecoin, worth $2.5 billion, according to data from crypto tracking service DogeWhaleAlert. The price of Dogecoin has risen nearly 8% this week but declined by 2.56% earlier today. Whale activity on the Dogecoin network has increased over the past 24 hours, with several major transactions spotted by the tracker. Dogecoin founder Billy Markus reminded the community that he does not represent Dogecoin and has very little of it in his crypto wallets.

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