Dogecoin

Elon Musk

The number of addresses holding dog-themed <a href="https://coingape.com/meme-coin/" target="_blank" rel="noopener noreferrer nofollow">meme coin</a> Dogecoin has increased massively in December amid the crypto market rally. DOGE price has rallied almost 25% as traders anticipate ending the year with at least a 100% rally. While the rich list has not changed much this year, here are the top holders of Dogecoin.
<h2 id="robinhood-largest-holder-of-dogecoin">Robinhood — Largest Holder of Dogecoin</h2>
The largest Dogecoin wallet “<a href="https://bitinfocharts.com/dogecoin/address/DEgDVFa2DoW1533dxeDVdTxQFhMzs1pMke" target="_blank" rel="noopener noreferrer nofollow">DEgDV</a>” has 32.96 billion DOGE (worth $3.05 million). It accounts for 23.15% of the total DOGE supply. It is known to be the cold wallet of Robinhood. DEgDV became the largest holder of Dogecoin in June after billions of DOGE tokens were transferred from “DDuXG”.
Amongst the top 20 Dogecoin rich list, Robinhood wallets contain max number of DOGE supply. “<a href="https://bitinfocharts.com/dogecoin/address/DPDLBAe3RGQ2GiPxDzhgjcmpZCZD8cSBgZ" target="_blank" rel="noopener noreferrer nofollow">DPDLB</a>” tagged as Robinhood on BitInfoCharts is often linked to Elon Musk, with analyst Lookonchain&nbsp;even sharing some <a href="https://coingape.com/elon-musk-linked-robinhood-wallets-moves-over-10-billion-dogecoin/" target="_blank" rel="noopener noreferrer nofollow">evidence</a> of why he thinks the wallet belongs to Musk. “<a href="https://bitinfocharts.com/dogecoin/address/DH5yaieqoZN36fDVciNyRueRGvGLR3mr7L" target="_blank" rel="noopener noreferrer nofollow">DH5ya</a>” transferred almost all DOGE to “DPDLB.”
<h2 id="top-dogecoin-wallets">Top Dogecoin Wallets</h2>
According to Dogecoin distribution data on BitInfoCharts, only a single wallet contains more than 10 billion DOGE; 11 wallets have 1-10 billion DOGE; and 4590 wallets hold 1 million to 100 million DOGE.
Among the top 5 wallets, 3 wallets are linked to Robinhood. Binance is the 3rd largest wallet and Cryptsy crypto exchange is the 4th largest wallet.
<img decoding="async" class="aligncenter size-full wp-image-170951" src="https://coingape.com/wp-content/uploads/2023/12/screenshot-bitinfocharts.com-2023.12.23-18_28_18.png" alt="Dogecoin" width="1155" height="430" srcset="https://coingape.com/wp-content/uploads/2023/12/screenshot-bitinfocharts.com-2023.12.23-18_28_18.png 1155w, https://coingape.com/wp-content/uploads/2023/12/screenshot-bitinfocharts.com-2023.12.23-18_28_18-300x112.png 300w, https://coingape.com/wp-content/uploads/2023/12/screenshot-bitinfocharts.com-2023.12.23-18_28_18-768x286.png 768w, https://coingape.com/wp-content/uploads/2023/12/screenshot-bitinfocharts.com-2023.12.23-18_28_18-150x56.png 150w" sizes="(max-width: 1155px) 100vw, 1155px">
Dogeparty-XDP burned, Kraken, Bybit, and some Dogecoin whales are among the largest holders of DOGE. Binance Hot Wallet is ranked 45th, with 273 million DOGE. The top 10 wallets account for 48.90% of DOGE supply.
Read More: <a href="https://coingape.com/best-crypto-presales/" target="_blank" rel="noopener noreferrer nofollow">Crypto Presale Projects For 2024 To Invest; Updated List</a>
<h2 id="how-doge-price-will-perform-next-year">How DOGE Price Will Perform Next Year</h2>
<a href="https://coingape.com/price/dogecoin" target="_blank" rel="noopener noreferrer nofollow">DOGE price</a> rallied 85% this year and 23% in December, with the price currently trading near $0.93 after hitting $0.10 last week. Furthermore, the daily trading volume increased from under 200 million to above $1 billion in November and December.
Analysts expect a further upside move in DOGE price amid the next wave of market rally, potentially in January when spot Bitcoin ETF approvals push up the crypto market cap.
Furthermore, the community expects Dogecoin integration for payments on Elon Musk’s X platform, <a href="https://coingape.com/doge-1-space-mission-moves-closer-to-reality-with-fcc-license/" target="_blank" rel="noopener noreferrer nofollow">DOGE-1 mission</a>, and whale accumulation to increase prices in 2024.
Also Read: <a href="https://coingape.com/dogecoin-price-skyrockets-ahead-of-doge-10th-anniversary-what-next/" target="_blank" rel="noopener noreferrer nofollow">Dogecoin Price Skyrockets Ahead Of DOGE’s 10th Anniversary, What’s Next?</a>
The post <a href="https://coingape.com/dogecoin-doge-rich-list-elon-musk/" rel="noopener noreferrer nofollow">Dogecoin (DOGE) Rich List: Elon Musk Holds DOGE?</a> appeared first on <a href="https://coingape.com" rel="noopener noreferrer nofollow">CoinGape</a>.

Dogecoin (DOGE) Rich List: Elon Musk Holds DOGE?

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