Last year the meteoric surge in popularity of the meme-based cryptocurrency Dogecoin (DOGE) turned a significant number of retail investors into millionaires. However, the number fell below 1,000 in mid-2022, owing to a Dogecoin downtrend and a broader crypto market collapse.
Stay in the know on crypto by frequently visiting Crypto News Today
According to data obtained by Finbold, the number of Dogecoin millionaires stood at 1,046 as of November 1, returning above the 1,000 mark for the first time since April 2022. Notably, the price of DOGE also reached $0.15 for the first time since April on November 1.
887 DOGE holders have a balance of $1 million or more, based on the numbers that were supplied by the cryptocurrency data tracking site BitInfoCharts.com. Additionally, 160 addresses have a total balance of $10 million or more.
The number of millionaires on September 11 was 590, by using a program that archives online content. This indicates that the number has nearly doubled in under two months, representing an increase of 77.55%. It’s interesting to note that Dogecoin and its price were in the midst of a downward trend until Elon Musk backtracked and definitively announced that he would purchase Twitter (NYSE: TWTR).
Read More at FINBOLD
Please Read Essential Disclaimer Information Here.
© 2024 Crypto Caster provides information. CryptoCaster.world does not provide investment advice. Do your research before taking a market position on the purchase of cryptocurrency and other asset classes. Past performance of any asset is not indicative of future results. All rights reserved.
Contribute to CryptoCaster℠ Via Metamask or favorite wallet. Send Coin/Token to Addresses Provided Below.
Thank you!
BTC – bc1qgdnd752esyl4jv6nhz3ypuzwa6wav9wuzaeg9g
ETH – 0x7D8D76E60bFF59c5295Aa1b39D651f6735D6413D
MATIC – 0x7D8D76E60bFF59c5295Aa1b39D651f6735D6413D
LITECOIN – ltc1qxsgp5fykl0007hnwgl93zr9vngwd2jxwlddvqt
