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

On June 1, 2025, the official Dogecoin account on X tweeted a casual yet simple message: "Sup chat." This brief greeting elicited a reaction from the Dogecoin community, with some viewing the post as a simple hello while responding the same. At the same time, some saw it as a potential precursor to upcoming developments or announcements related to Dogecoin.

While the post did not contain any specific information or updates, it effectively reignited conversations and interest around Dogecoin, highlighting the power of social media in influencing crypto communities.

As of press time, there have been no official follow-up statements or announcements from the Dogecoin team regarding the "Sup chat" post. However, the community remains alert and active, prepared to respond to any future communications or developments.

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

Bloomberg analyst Eric Balchunas observed in an X post that the amended filing adds interest because these amendments often follow SEC comments.

312,375,048 DOGE lands on Coinbase

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