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DOGE Lost Its 9th Position & Slips to 10th By Means of Market Capitalization, Is DOGE Going to Dump and SHIB Going to Pump?

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USD Coin (USDC) has just surpassed doge by means of market capitalization. DOGE is standing at $31,026,080,066.


Market Cap holding 10th Position with a Price change of -12.60% and is currently offered at $0.2366, whereas, USD Coin (USDC) has just killed DOGE holding a market cap of $32,511,839,620 with a price change of -0.02% and is currently trading at $1.00.

Is DOGE Going to Dump and SHIB Going to Pump?

Yes, there is a risk if Shiba Inu (the DogeKiller) continued this eyepopping bull run and fulfilled its promise made in its Woofpaper then this is highly speculative that DOGE may dump and lose its 25% of Market value in no time. There is another strong reason which may prove our prediction right about DOGE Dump and that there is a mysterious whale – World’s largest Dogecoin holder with 36.7 billion coins worth $15 billion right now.

 

Believe it or not, the largest Dogecoin holder in the world is a whale, and it has further expanded its portfolio in the past months. If this whale dumped DOGE at any time and swap that DOGE for SHIB or any other coin, DOGE may face a nosedived reaction and can lose 25% of Its Market Value in no time.

 

 

 

 

 

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Mark Brennan
Mark Brennanhttps://thecryptobasic.com/
Mark Brennan has been active in the cryptocurrency sector since 2014. His love and passion for the nascent industry drove him to develop interest in writing about important developments and updates about cryptocurrencies and blockchain. Brennan, who holds a Masters degree in Business Administration, learned about the potential of blockchain technology. Aside from crypto journalism, Brennan runs an education center, where he educates people about the asset class.

Disclaimer: The content is for informational purposes only, may include the author's personal opinion, and does not necessarily reflect the opinion of TheCryptoBasic. All Financial investments, including crypto, carry significant risk, so always do your complete research before investing. Never invest money you cannot afford to lose; the author or the publication does not hold any responsibility for your financial loss or gains.

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