Dogecoin accounts will drop casual “sup” tweets: what’s behind it?

On June 1, 2025, X’s official Dogecoin account tweeted the casual yet simple message, “Sup Chat.” This short greeting elicits a response from the Dogcoin community, with some viewing the post as a simple hello. At the same time, some viewed it as a potential precursor for future developments or announcements related to Dogecoin.

Although the post did not contain any specific information or updates, it effectively rekindled conversations and interests about DogeCoin and highlighted the power of social media to influence the crypto community.

As of the time of reporting, there were no official follow-up statements or announcements from the Dogecoin team regarding the “SUP Chat” post. However, the community is ready to respond to future communications and developments, and is vigilant and aggressive.

Last week, Asset Manager 21Shares submitted a proposed amendment to the Dogecoin ETF that it submitted in April. This development comes weeks after the Securities and Exchange Commission (SEC) grants its filing, thereby starting the review process.

Bloomberg analyst Eric Balknas observed in the X post that the revised filing adds interest as these fixes often follow SEC comments.

312,375,048 Land on Coinbase

A total of 312,375,048 Dogecoins (DOGEs) have been transferred to Coinbase in three separate transactions, spurring speculations of whales’ activity, according to on-chain data.

Within the last 24 hours, Whale Alert reported three transactions: “104,125,016 DOGE worth $20,090,304 transferred from an unknown wallet to Coinbase.”

A total of 312,375,048 Doge transfers attracted market attention and arrived in a prominent US-based exchange within an hour.

The purse identity involved remains unknown, as well as the reasons for the movement. However, owners usually move coins to exchange when preparing for sale. The move could also be just a fund that is common among whales and large holders.

At the time of writing, Doge had seen a small loss following the weekend sale. Dogecoin has dropped by 0.28% in the last 24 hours to $0.188, marking the four-day drop since May 27th.