Whale Alert: Anonymous ETH Whale Bought 8 Million Dogecoin ($1,411,777 USD)

Whale Alert Traces 6,000 ETH Transferred From Unknown Wallet
  • Dogecoin (DOGE) is now accepted for merchandise purchases at Tesla.
  • Customers will not be able to purchase electric cars using Dogecoin.

WhaleStats reports that an anonymous Ethereum whale purchased eight million DOGE worth $1,411,777 at 10:54:37 UTC on Thursday, January 13 2022. Elon Musk’s electric vehicle manufacturing company Tesla is now selling items for the meme crypto.

Read More: Ethereum Price Prediction

Dogecoin (DOGE) is now accepted for merchandise purchases at Tesla, CEO Elon Musk announced today. Before, on December 14, he tweeted that they would begin taking DOGE crypto tokens as a form of payment for retail transactions. 

However, customers will not be able to purchase electric cars using Dogecoin at this time. Twitter users couldn’t contain their joy when they learned of the tweet’s viral content. On the other hand, Huobi’s official Twitter account posted an image of a Doge riding in a Tesla automobile.

Multiple Businesses Adopt Dogecoin

Musk has been outspoken on the DOGE blockchain’s potential applications, and he’s even tweeted about it a few times. And he’s promised to support the DOGE team by collaborating with them.

GameStop has teamed with digital payment processing provider Flexa to accept DOGE payments, which was revealed early last month. Adam Aron, CEO of AMC Theaters, made the announcement a few weeks ago that his firm would begin accepting DOGE somewhere in the first quarter of 2022 as well. People are beginning to accept Dogecoin and other cryptocurrencies as payment for goods and services.

Read More: Dogecoin Price Prediction

According to CoinMarketCap, the Dogecoin price today is $0.191640 USD with a 24-hour trading volume of $5,859,208,259 USD. Dogecoin has been up 12.02% in the last 24 hours.

A devoted content writer having 3 years of crypto trading experience. Loves cooking and swimming. Stays up to date with the latest developments on blockchain technology.