A single person has 28.69% of all Dogecoins, that is, a fortune of 2.1 billion dollars
Cryptocurrencies are exploding. The Bitcoin value and from Ether has skyrocketed in recent months thanks to support from personalities like Elon Musk, but they have not been the only ones. Dogecoin, the cryptocurrency that came up as a joke, it is also growing dramatically and its value has skyrocketed.
A crypto that was worth $ 0.001604 in April is now worth $ 0.06, so the numbers speak for themselves. Not bad for a crypto that, in its origins, was a satire on the volatility of cryptocurrencies. Well according to Bitinfocharts and as they explain in the Wall Street Journal, there is one person, only one, who has 36,812,363,610 Dogecoin, 28.69% of all tokens what is there right now. At its current value, that means there is a person who has a fortune of $ 2.1 billion in this cryptocurrency.
A multi-million dollar address
The identity of the owner of the wallet whose address is DH5yaieqoZN36fDVciNyRueRGvGLR3mr7L. What we can see in the account registration is that on February 6, 2019 the account bought 100 Dogecoins that it sold a few days later. On February 11 he bought 11,000, the next day he sold 9,040 and an hour later he bought 1,009,119,193 coins. Since then, the user has not stopped buying Dogecoin in large volumes
Interestingly (or not), there are a number of major moves starting on December 21, which was when Elon Musk tweeted on its official profile “One word: Doge”, which skyrocketed the value of Dogecoin by 30%. In the two weeks after that tweet, the number of Dogecoins in the wallet went from 22,921,707,623.60 to 28,361,817,690.60 and since then it has not stopped growing.
He is the only person in the world whose DOGE balance is greater than 10,000,000,000. Below him there are 11 people who, among all, add up to 25,404,824,472 Dogecoins worth 1,449,931,194 dollars, for which they fall to an average of 131,811,926.7 million dollars. The majority of Dogecoin holders have between one and ten tokens and only four out of ten have between ten and a thousand tokens.
DOGE is a crypto that is currently exploding. Elon Musk and WallStreetBets have been responsible for skyrocketing their value over the past few weeks and the objective is to get the value of the cryptocurrency to reach one dollar. That, incidentally, would trigger the fortune of the address that concerns us today.
Via | Wall Street Journal