A long dormant Dogecoin ($DOGE) wallet has been idle for nearly 10 years, and recently resurfaced. It contains a large number of meme inspired Cryptocurrency
A long dormant Dogecoin ($DOGE) wallet has been idle for nearly 10 years, and recently resurfaced. It contains a large number of meme inspired Cryptocurrency. After the return rate reaches 30000%, it is currently worth 1.3 million dollars.
According to the data of the Dogecoin blockchain, the wallet was first created 9.5 years ago and has not been affected since then, which seems to be a buy and hold strategy. Its sudden activity took place when the financial giant with $27 trillion in assets under management began to march into Cryptocurrency.
The long dormancy of the wallet has triggered speculation that the owner of the wallet may be one of the brave early adopters who bought the Dogecoin shortly after its debut. Dogecoin was created as a joke in 2013.
The Cryptocurrency community is known for its charitable projects, including helping charities. In 2014, the company raised over $25000 worth of DOGE for Jamaica's helmed sled team to participate in the Sochi Winter Olympics, making headlines.
As wallets suddenly became active, HSBC Asset Management, the investment arm of the banking giant, warned that the United States would face an economic headwind in the second half of this year, which could trigger a global economic recession. Economic recession.
It is worth noting that as we all know, Dogecoin is a Cryptocurrency supported by many celebrities, including Elon Musk, the owner of Twitter. Tesla, led by Musk, began accepting DOGE payments on its website at the end of 2021, allowing the use of specific products such as' cyberwhistle '. Musk also hinted that SpaceX may soon accept payment from DOGE.
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