$ 19,126.80
$ 1,056.55
$ 0.999953
$ 0.450057
$ 0.315017
$ 1.00

Despite the Price Drop, Dogecoin Remains One Of The Most Used Smart Contract

Dogecoin Still Being Used Despite Price Drop

Dogecoin continues to be among the smart contracts that people use the most when it comes to the 500 BSC whales. These statistics are published by WhaleStats.

Currently, there is increased volatility in the market. As a result, in the previous 24 hours, Dogecoin has declined by over 8%. Over a year ago, Dogecoin was trading near its all-time highs of $0.73 after a previous run-up in the preceding months. Elon Musk’s participation in “Saturday Night Live” corresponded with Tesla’s all-time highs. Afterward, the price of Dogecoin decreased by more than 40%.

Dogecoin’s Price Drop

In terms of market value, Dogecoin is now trading at $0.117, down more than 80% from its all-time high established in May 2021. Despite the steep decline in value, Dogecoin’s adoption as a means of payment continues to grow. This growth is seen in major global firms, including AMC, Tesla, Newegg, and SlingTV. They now accept DOGE as a payment method.

Following on, 455 million WordPress websites now accept Dogecoin using the WooCommerce plugin “Easy Dogecoin Gateway.” Meanwhile, DOGE supporters believe that Jeff Bezos is following the Dogecoin creator Billy Markus. According to DOGE fans, this suggests that Bezos is warming up to Dogecoin.

Additionally, Dogecoin has been listed on a number of cryptocurrency exchanges. The most recent one is the Mexican exchange Bitso, which supports Dogecoin. Dogecoin experienced a remarkable event in April when the first transaction sent without internet was sent using RadioDoge.

Robinhood holds 40.7 billion DOGE

Dogecoin is still held by the popular software Robinhood. According to DogeWhaleAlert, the clients of Robinhood are the reason why it is still holding Dogecoin.

Moreover, DogeWhaleAlert indicates that the Robinhood app currently holds a total of 40,7 billion DOGE. With the current price, this makes it a portfolio with a value of more than $5 billion. This also represents a massive 30% of the total circulating supply of the leading meme cryptocurrency.

Also read:

Related News

Updates have been provided on the current service freeze and new recovery efforts were outlined by the company.

Potential Solutions Are Being Considered By Celsius

Strategic deals and liabilities restructuring are being explored by Celsius. Updates have been provided on the current service freeze and new recovery efforts were outlined by the company. On June 12th, all transitions, withdrawals, and swaps were put on pause by Celsius and as of now, the company is looking for ways to recover. “Important steps to preserve and protect assets and explore options” are being taken by the company, per

Read More »
As the withdrawal function remains halted, the company is continuing to engage with investors interested in the Recovery Value USD (rvUSD).

Withdrawal Resumption Plan Is Not Moving Forward, CoinFLEX Backs Down

Withdrawals will not be resumed as anticipated, following a halt last week, CoinFLEX announced. As the withdrawal function remains halted, the company is continuing to engage with investors interested in the Recovery Value USD (rvUSD). After the token sale is completely carried out, CoinFLEX will disclose the process for permitting withdrawals, stated CEO Mark Lamb. “Extreme market conditions and continued uncertainty involving a counterparty” led CoinFLEX to hit a pause

Read More »
Just recently, the company had to reduce over 1% of its global workforce, making Coinbase vulnerable to the current market crash.

Coinbase Looking to Expand In Other Countries

Following the layoffs and rescinding of employment offers, the cryptocurrency exchange Coinbase intends to grow deeper into Europe. The intentions to register in nations such as Italy, Spain, France, and the Netherlands, were announced by Nana Murugesan, vice president of the California-based crypto exchange. Countries such as Germany, Ireland, the United Kingdom, and even Switzerland, where the first employee was hired recently, already have Coinbase as a licensed crypto exchange.

Read More »

My Coins

$ 19,126.801.05%
$ 1,056.550.74%
$ 0.4500570.42%
$ 0.9999530.05%

Newest Videos on YouTube

We inform and educate people about Cryptocurrencies and Blockchain technology.

© Copyright 2021, All Rights Reserved,
Crypto Academy


Contact Us

For any question conatct us through:

Disclaimer: All information and materials on this website are for educational purposes only. does not provide any form of financial advice. Cryptocurrencies are highly volatile, therefore any form of investing carries a high level of risk to your capital. It is recommended that you seek professional advice prior to implementing any investment or financial plan.

We do not ask you for your Cryptocurrency / We do not hold your Coins / We do not ask for Private Keys / Be aware of scammers and imposters.

Contact us only through: