Dogecoin Account Drops Casual 'Sup' Tweet: What's Behind It?

Dogecoin Community Abuzz as Official Account Tweets "Sup Chat"

On June 1, 2025, the official Dogecoin account on X platform surprised the community with a simple, yet engaging message: "Sup chat." This casual greeting ignited a flurry of responses, with some interpreting it as a mere friendly hello, while others speculated it could hint at upcoming Dogecoin developments or announcements.

Despite the lack of any specific information or updates in the post, the Dogecoin community remained alert and active, ready to respond to any future communications or advancements from the team.

Dogecoin ETF Amendment Filed, SEC Review Underway

Last week, asset manager 21Shares filed an amendment for its Dogecoin ETFs, which it had previously submitted in April. This development came shortly after the U.S. Securities and Exchange Commission (SEC) acknowledged the initial filing, thereby initiating the review process.

Bloomberg analyst Eric Balchunas observed in an X post that the amended filing is noteworthy, as such changes often follow SEC comments and feedback.

Whale Activity Sparks Speculation on Coinbase Transfers

According to on-chain data, a total of 312,375,048 Dogecoin (DOGE) have been transferred to Coinbase in three separate transactions, fueling speculation of whale activity.

• Within the last 24 hours, Whale Alert reported three transactions of "104,125,016 DOGE worth $20,090,304 transferred from an unknown wallet to Coinbase."
• The transfers, totaling 312,375,048 DOGE, arrived on the prominent U.S.-based exchange within less than an hour, capturing the market's attention.
• The identity of the wallet(s) involved remains unknown, as well as the reason for the moves; however, holders typically move coins to exchanges when preparing to sell. The move might also be a mere fund reshuffling common with whales or large holders.

At the time of writing, DOGE was seeing slight losses, following the weekend's sell-off. Dogecoin is down 0.28% in the last 24 hours to $0.188, having marked four days of drops since May 27.