Dogecoin Whales Offloaded Over 1.4B DOGE After Elon Musk Changed Twitter Logo To Dogecoin

According to the blockchain-tracking firm Lookonchain, two of the largest Dogecoin (CRYPTO: DOGE) holders sold off a combined 1.4 billion DOGE during the crypto’s surge last week. The 30% spike in the crypto’s price occurred following Elon Musk’s decision to temporarily change Twitter’s logo to Dogecoin’s.