Whales Are Buying Dogecoin, the Meme Crypto Ranks Among the Most Actively Used Smart Contracts

A representation of cryptocurrency Dogecoin is seen in this illustration taken Aug. 6, 2021. Dado Ruvic/Illustration/Reuters

According to the smart contract activity, the Dogecoin (DOGE) is being accumulated by whales as investors buy the dip.

Dogecoin has made it into the top ten most frequently utilized smart contracts on the Ethereum blockchain.