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Elon Musk’s Holiday Tweet Spikes the Volume of DOGE Trades

Published 12/26/2022, 10:16 AM
Updated 12/26/2022, 10:30 AM
© Reuters Elon Musk’s Holiday Tweet Spikes the Volume of DOGE Trades
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  • After Musk’s tweet, DOGE has the highest trade volumes of BNB’s top 100 holders.
  • DOGE overtook Fil in trading volume amongst BNB whales.
  • BNB whales presently own 96.55 million Dogecoins, 1% of its total portfolio size.

Elon Musk’s seemingly ordinary holiday tweet had something significant hidden within the pictures of his dogs in Christmas attire. Upon closer inspection, there’s a Dogecoin logo on one of them, which just so happens to be of the Shiba Inu breed.

This created a surge in Dogecoin trading volumes. The eccentric billionaire and Twitter owner’s cheeky tweet sparked so much interest that DOGE now has the highest trade volumes among Binance Coin’s top 100 holders.

Although it is important to note that th ...

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