As CoinDesk analyst Glenn Williams wrote, DOGE’s price fluctuations seem to stem from the power of Musk’s personality and a passionate dogecoin community than the macroeconomic indicators that have been influencing bitcoin, ether and other major cryptos for months. DOGE’s rise may correlate with excessive liquidations and a likely short squeeze, and the token may offer a shorting opportunity, Williams wrote.
Wintermute Dumps $5 Million Optimism (OP) Tokens To Binance Ahead Unlocks
Crypto market maker Wintermute Trading on Monday dumped Optimism (OP) tokens worth millions. The move comes as 9% Optimism tokens...