Whether we rejoice or just sense the heartbreaking immaturity of the cryptocurrency industry, cryptocurrency Dogecoin (DOGE) is experiencing spectacular growth, fully benefiting from the aura, colossal punch and influence of new Twitter owner Elon Musk. While the billionaire managed alone (and without announcing anything official on the subject) to explode the value of Dogecoin 120% in a few days, The explosive growth of the crypto-joke has benefited thousands of investors, some of whom have suddenly become millionaires.
The Shiba and us
who still remembers it Dogecoin was thrown as a schoolboy joke, by a forked from Litecoincoded in 4 hours, just for lol in 2013?
8 years later, and thanks to a free worldwide communication campaign organized by Twitter in chief Elon Musk, the capital letter of the Doge currently it is approaching $ 20 billionAfter a lightning-fast growth spurt in the past few days, it now boasts the asset in 8th place in market capitalization, following the stablecoin BUSD.
Take a good look at this figure: dogecoin now weighs as much as Solana and Polygon combined.
Not bad for a “token-meme”, a crypto asset whose only formal added value is to crystallize a strong community engagement around its amazing Shiba laughing charisma.
Funny details by the way, is called the “genesis” Shiba Kabosu and celebrates his 17th birthday today, we kiss him on the nose.
But for some, this is all very serious now. In fact, many Dogecoin investors have recently seen their portfolio value explode. A phenomenon all the more notable as it occurs in the midst of lean times on the cryptocurrency markets.
There are therefore more than 1000 people who, in these days, are now part of the “Dogecoin Millionaires” club.
At the outset, it should of course be remembered that 1 portfolio is not necessarily equal to 1 individual. In fact, a single person may very well have multiple portfolios, instantly distorting any attempt to accurately map an asset’s true distribution.
However, the consultation of the last at your place regarding Dogecoin it shows us the extent of the increase in the total value (in dollars) of the owners of dogecoin.
This table shows us that more than 1020 wallets contain more than a million dollars in DOGE (of which 160 that go beyond 10 million).
It should be noted in passing that in the country of abundant fictitious decentralization 10 addresses are worth over 50% of the supply (and the value of Dogecoin), the most provided address focused on itself 28% of all dogecoins ($ 5.3 billion). All in a world we care about bitcoin lost by Satoshi Nakamoto.
Surprise (not really), this mega whale is none other than the Robinhood platform portfolio which in recent times must have become particularly musky maximalist.
And she ? are you a dogecoin holder and maybe even a new millionaire? If so, remember to protect your profits. In fact, even the most mischievous Shiba Inu will end up returning to the basket at some point. If not, it might be time to find out about Dogecoin, and her little companions, by going create an account on Binancethe reference bitcoin and the cryptocurrency exchange (commercial link).