Memecoin whales strike: SHIB and DOGE moved for $50 million

The memecoin whales are on the move again. This time with Dogecoin and Shiba Inu. They move nearly $50 million worth of coins. Most of this comes from a Shiba Inu whale. He has 4.25 trillion coins worth US $45 million.

Things are different with Doge. Here, a whale has about 71 million coins on the Robinhood exchange, the equivalent value: about US $6 million.

Whales are entities that own coins in large quantities, in the case of Bitcoin more than 1,000.

Dogecoin is trading at nearly 10 cents with a market cap of $13.5 billion. Shiba Inu is trading at 0.00001 cents with a market cap of $6.5 billion.