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A Mysterious Dogecoin Address Absorbed 27% of the Supply, the Top 20 Addresses Captured 50%

Just recently, the crypto asset dogecoin has seen some significant price gains and on Wednesday, Tesla’s founder Elon Musk tweeted about the digital currency incessantly. While people have been discussing the dogecoin pumps and Elon’s suggestive tweets, crypto supporters have been discussing a single dogecoin address that holds 36 billion tokens or more than 27% of the entire supply. Dogecoin and the ‘Thickest Wallet’ Dogecoin (DOGE) , the meme token that came to life on December 6, 2013, has seen its fair share of market action this year. The token is currently trading for $0.0455 per unit and is down over 8% during the last 24 hours. Dogecoin also touched an all-time high (ATH) seven days ago reaching an ATH of around $0.0791 per unit. Since then, DOGE has lost 42.15% in value and has a market valuation of around $5.7 billion today. Just recently, the cryptocurrency community has been discussing Elon Musk’s tweets in regard to the meme token. In the midst of all the discussion, ...

Dogecoin Cofounder Faces Harassment While ‘Meme Coin’ Hype Trends Among Investors

As dogecoin’s frenzy keeps making the headlines in the crypto sphere, some people are not happy with it. Billy Markus, Dogecoin’s cofounder, has been a target of long-lasting online harassment, which still doesn’t end, he claims. Markus Sold All His Doge in 2015 The so-called meme coin, DOGE skyrocketed well over 325% in a single day, specifically on January 29, 2021. The dynamic was the similar one followed by the Gamestop/Wallstreetbets saga. In this case, a Reddit group called Satoshistreetbets was allegedly behind the recent dogecoin’s pump. However, Markus, also known in the crypto industry as “Shibetoshi Nakamoto,” published some tweets, clarifying publicly that he sold all his DOGE in 2015 after “getting laid off and freaking out about money.” In fact, he pointed out that money was enough to buy a used Honda Civic car. Dogecoin’s cofounder also claimed that he left the Dogecoin project seven years ago due to harassment from the community. However, Dogecoin’s cofounder say...

Dogecoin Price Skyrockets 325%, Crypto Fueled by Elon Tweets and Redditors

The infamous meme token dogecoin has been skyrocketing in value rising more than 325.21% during the last 24 hours. After remaining below a U.S. cent for years, the humorous crypto asset is now exchanging hands for $0.05 per unit. The reason behind the big dogecoin price spike is similar to the recent Gamestop/Wallstreetbets story as a Reddit group called Satoshistreetbets has been behind the recent pump. In April 2019, the Tesla founder Elon Musk said dogecoin (DOGE) was his “fav cryptocurrency.” In June 2020, day traders from Tiktok decided to encourage people to buy dogecoin in order to get the price per unit up to a dollar. The dollar price per DOGE never came to fruition, but the crypto asset saw some significant gains from the pump. Then during the first week of January 2021, news.Bitcoin.com reported on dogecoin gathering well over 500% gains during the year. Now the K-9 crypto asset is making headlines again as the price has been surging during the last 24 hours. DOGE ...
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