Who Let The DOGE Out? 1 Billion Coins Unleashed, Triggering Community Speculation

The recent attention-grabbing transfer of over 990 million DOGE, valued at around $80 million, has once again propelled the canine-inspired cryptocurrency into the spotlight.pic.twitter.com/bDfCQAxypL

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Utah Grants X Money Transmitter License

According to the Nationwide Multistate Licensing System & Registry, an online database, Utah approved the application on Friday.

It gives the enterprise the capacity to arrange money transactions and paves the way for the company to enable customers to send money to one another, much like PayPal’s Venmo.

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Related Reading: Solana Soars Or Slumps? New Mobile Phone Gamble Puts SOL On Edge

As the dust settles from the 990 million DOGE transfer, its immediate impact on the market remains uncertain. Nevertheless, the event underscores the ongoing volatility and passionate community engagement surrounding Dogecoin.

Featured image from DOGE

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Author: Christian Encila

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