A single person has 28.69% of all Dogecoins, that is a fortune of $2.1B today

A single person has 28.69% of all Dogecoins, that is a fortune of $2.1B today

After Elon Musk’s tweet, the value of Dogecoin has exploded and today a single person has 28.69% of all Dogecoins. Cryptocurrencies are exploding. The value of Bitcoin and Ethereum has exploded in recent months thanks to the support of personalities like Elon Musk, but they have not been the only ones. It came out as a joke, but it is also growing dramatically.

A cryptocurrency that was worth $0.001604 in April is now worth $0.06, so the numbers speak for themselves. Well, according to experts, there is one person who has 36,812,363,610 Dogecoin, 28.69% of all the coins that exist right now. At its current value, that means there is a person who has a fortune of 2.1 billion dollars in this cryptocurrency.

A single person has 28.69% of all Dogecoins

The wallet address of that person is is “DH5yaieqoZN36fDVciNyRueRGvGLR3mr7L” What we can see in the account registration is that on February 6, 2019, the account bought 100 Dogecoins and sold them within a few days. 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 that cryptocurrency in large volumes.

Interestingly (or not), there are a number of major moves starting on December 21, which was when Elon Musk tweeted “One word: Doge” on his official profile, which skyrocketed the value of it by 30%. In the two weeks after that tweet, the number of Dogecoins in the portfolio went from 22,921,707,623.60 to 28,361,817,690.60 and has been growing ever since.

A single person has 28.69% of all Dogecoins, that is a fortune of $2.1B today
A single person has 28.69% of all Dogecoins, that is a fortune of $2.1B today

He is the only person in the world whose Dogecoin 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 holders have between one and ten coins and only four out of ten have between ten and a thousand coins.

Elon Musk and WallStreetBets have been in charge of shooting its value over the last few weeks and the goal 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.

Leave a Reply