Dogecoin Surpasses Ethereum To Become The Most Traded Coin by BSC Whales

Today, the original pupcoin Doge has flipped even the second most popular crypto, Ethereum, knocking it down from the spot of most-traded token for the biggest BSC wallet owners and claiming the throne. According to a recent tweet made by the Whalestats data platform, these BSC whales are presently holding almost 325 million Dogecoins (worth about a whopping $46 million).

DOGE Crosses Ether For BSC Crypto Whales

The @WhaleStatsBSC Twitter page has declared that over the past 24 hours, DOGE swapped places with ETH, snatching the privilege of being the most traded cryptocurrency by the largest investors in the BSC-based token.

Nonetheless, Ethereum now hails as the most widely held cryptocurrency for these whales. U.Today notes that the token that holds the largest position in dollar value is BTCB—Bitcoin BEP2, a coin floated and pegged on Binance and pegged 1 to 1 with the original flagship cryptocurrency invented by the mysterious Satoshi Nakamoto.

Dogecoin Buying Opportunity?

Lately, Dogecoin, which has fallen over 81.4% since it peaked at around $0.73 in May 2021, is considered to be in the buy zone: Cryptonews reports. In the last 24 hours, Dogecoin reached a high of $0.141. However, the coin’s value has shredded about 1.8% of its value ever since and is currently changing hands at $0.134.

Sling TV Now Accepts DOGE And Other Cryptos Via BitPay

Earlier today, a US-based provider of streaming TV services, Sling TV released news revealing that the company now accepts Dogecoin as one of the payment options for customer subscriptions, along with  Litecoin, Shiba Inu, Bitcoin, Bitcoin Cash, Ethereum, and Wrapped Bitcoin. The television network will reportedly accept the listed cryptocurrencies via BitPay, one of the world’s major blockchain payment companies, offering over 90 cryptocurrency wallets.

Musk Promises Yet Another Use Case For DOGE

On Saturday, 19 Feb, Tesla’s boss and centibillionaire Elon Musk teased the crypto community with Tesla’s option to build a futuristic diner (which will also be a drive-in theater) in the Hollywood area where customers may be able to pay at DOGE. This may be combined with Tesla charging stations that recently opened in Santa Monica and have quickly become very popular with drivers in the area.

Also read: Dolce & Gabbana NFTs Expand On Polygon Blockchain, Launch Of NFT Collectibles With UNXD.

Sneh Dokania is an Economics major student with an inquisitive disposition seeking to articulate facts, information and news stories in a candid manner on Clout News.

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