According to WhaleStats, Dogecoin ranks in the top 10 for trading volume among the 2,000 largest BSC whales in the last 24 hours. DOGE trading volumes are allegedly soaring amid a spike in whale subsidies.

   "JUST IN: $DOGE
@dogecoin
 now on top 10 by trading volume among 2000 biggest #BSC whales in the last 24hrs
"

Data from IntoTheBlock reported an increase in the volume of on-chain Dogecoin transactions by over $100,000, with the total value rising to $2.59 billion on April 25.

   “As Dogecoin is not available to the average individual investors on the chain, the indicators act as a representative of the number of transactions by whales and institutional players.”

Dogecoin entered a massive rally last Monday after Tesla CEO Elon Musk finalized a $44 billion buyout deal with Twitter. This may be because Dogecoin is expected to play an important role in Twitter. Tesla CEO has already proposed the idea of ​​allowing Twitter Blue subscribers to make payments with the help of Dogecoin.

Last week, Dogecoin marked a historic moment as the first Dogecoin transaction without internet was sent via Starlink. RadioDoge is focusing on using low-cost radio technology (HF/LoRaWAN) in conjunction with the global Starlink satellite network to provide inexpensive, large-scale access to Dogecoin for individuals living outside the reach of normal internet infrastructure. This will allow Dogecoin to be able to transact without using the internet.

elon musk dogecoin-2

The Dogecoin team is continuing the groundwork for RadioDoge and many future projects, using the first phase of Libdogecoin, a building block for building Dogecoin projects.

Dogecoin (DOGE) is priced at $0.138172 according to CoinGecko data at the time of writing. The last 24-hour trading volume of Dogecoin (DOGE) was $1,084,569,737. Dogecoin (DOGE) price is down -2.2% in the last 24 hours.