Dogecoin (DOGE) Wallet Abruptly Comes to Life After Nine Years of Hibernation

The Dogecoin (DOGE) wallet is suddenly reawakening after more than nine years of hibernation to deliver a massive increase in its holding value.

According to data from the virtual whale tracker Whale Alert, dormant addresses that held 2,043,137 DOGE were: take down Spend your tokens on weekends to pocket exponential profits.

The owner amassed a stash of DOGE in several transactions in December 2013 and has since gone completely silent. transaction According to distributed ledger explorer Blockchair.com, the token was issued over the weekend.

Over the same period, dog-themed meme assets have traded from around $0.00043 in December 2013 to $0.0920 at the time of writing, a staggering 21,315% increase in price. His DOGE holdings in the wallet surged from just $878.55 to his $186,364 at the time of the transaction.

According to blockchain analytics firm IntoTheBlock, 62% of DOGE holders currently have make a profit In their investments while 35% are seeing losses.

Last week, a senior Dogecoin engineer said that a new version of the blockchain utility enhancement tool will be released soon.

Michi Rumin Said His 32,000 Twitter followers tell us that Libdogecoin 0.1.2 is on the way, although no specific date was given.

“Libdogecoin 0.1.2 can easily integrate mnemonic/seed phrase generation and QR code generation, and also has better support for MSVC (Microsoft Visual C++)/MSVS (Microsoft Visual Studio).”

The Dogecoin Foundation, a nonprofit that works to advance the project’s ecosystem, says Libdogecoin, which was first launched in August 2022, aims to improve its utility through wider adoption. .

Don’t Miss a Beat – Subscribe to get encrypted email alerts delivered straight to your inbox

Price action confirmation

Please follow us twitter, Facebook and telegram

Surf The Daily Hodl Mix

Check out the latest news headlines

&nbsp

Disclaimer: Opinions expressed on The Daily Hodl are not investment advice. Investors should exercise caution before making risky investments in Bitcoin, cryptocurrencies or digital assets. Please note that your money transfers and transactions are made at your own risk and you are responsible for any losses you may incur. The Daily Hodl does not endorse the buying or selling of cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. The Daily Hodl participates in affiliate marketing.

Generated image: In the middle of the journey

Leave a Reply

Your email address will not be published. Required fields are marked *