In an update shared on Tuesday, publicly traded Canadian crypto company Neptune Digital Assets announced that it acquired 1,000,000 $DOGE on December 27. The digital assets firm confirmed that the purchase was made through a strategic derivative trade at an average price of $0.37 per token 🔎

However, the announcement has failed to drive significant momentum in the market. During the same period, trading volumes remain low, indicating that the price rally is driven by short-term speculative trades rather than strong buying pressure. DOGE’s trading volume has totaled $3.37 billion over the past 24 hours, dropping 50% during that period.

Also important to know that $DOGE is the first meme coin that can be used for real-world purchases. WhiteBIT Nova crypto card enables this functionality, along with a wide selection of other cryptocurrencies. This innovation marks a significant step forward, reshaping the way digital assets are integrated into everyday transactions 🚀

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February 05, 2025 at 8:59 AM
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