• Latest
  • Trending
  • All
44,800,000,000 Dogecoin (DOGE) Now in the Hands for Long-Term Holders: Analytics Firm IntoTheBlock

44,800,000,000 Dogecoin (DOGE) Now in the Hands for Long-Term Holders: Analytics Firm IntoTheBlock

April 3, 2023
Bybit Secured License as Digital Asset Provider in Kazakhstan 

Bybit Secured License as Digital Asset Provider in Kazakhstan 

June 8, 2023
New breed of bitcoin NFTs sell for millions

10 Best New Meme Coins to Buy in 2023

June 8, 2023
Announcing the Client Incentive Program

Update on the partnership between EF and UNICEF

June 8, 2023
Why Litecoin might falter at this bearish zone

Why Litecoin might falter at this bearish zone

June 8, 2023
ZUM TOKEN (ZUM) has a Bearish Sentiment Score, is Falling, and Underperforming the Crypto Market Thursday: What’s Next?

ZUM TOKEN (ZUM) has a Bearish Sentiment Score, is Falling, and Underperforming the Crypto Market Thursday: What’s Next?

June 8, 2023
Ethereum Rival Takes Hit As Institutional Investors Sell-Off Crypto Holdings: CoinShares

Ethereum Rival Takes Hit As Institutional Investors Sell-Off Crypto Holdings: CoinShares

June 8, 2023
Bitcoin holds as market reacts to SEC drama

Bitcoin holds as market reacts to SEC drama

June 8, 2023
Binance Attorneys Say SEC Boss Offered to Be Advisor to Crypto Company in 2019

Binance Attorneys Say SEC Boss Offered to Be Advisor to Crypto Company in 2019

June 8, 2023
The Bitcoin Reward Will Be Cut In Half Soon, And Only The Best Miners Will Be Able To Keep Up

The Bitcoin Reward Will Be Cut In Half Soon, And Only The Best Miners Will Be Able To Keep Up

June 8, 2023
Best Altcoins to Buy in Meme Coin Season

Best Altcoins to Buy in Meme Coin Season

June 8, 2023
Ethereum likely to descend to this key level soon

Ethereum likely to descend to this key level soon

June 8, 2023
TMS Network Sees Continued Investment Interest, Litecoin (LTC) Surges & Cardano (ADA) Deploys New Smart Contract Toolset

TMS Network Sees Continued Investment Interest, Litecoin (LTC) Surges & Cardano (ADA) Deploys New Smart Contract Toolset

June 8, 2023
Thursday, June 8, 2023
DLT EMPIRE
  • Home
  • Bitcoin
  • Ethereum
  • Blockchain
  • Altcoin
  • Crypto Mining
  • Dogecoin
  • Litecoin
  • Market
No Result
View All Result
DLT EMPIRE
No Result
View All Result
Home Altcoin

44,800,000,000 Dogecoin (DOGE) Now in the Hands for Long-Term Holders: Analytics Firm IntoTheBlock

by Cuevas Antonio
April 3, 2023
in Altcoin
0
44,800,000,000 Dogecoin (DOGE) Now in the Hands for Long-Term Holders: Analytics Firm IntoTheBlock
491
SHARES
1.4k
VIEWS
Share on FacebookShare on Twitter


A leading analytics firm says tens of billions of Dogecoin (DOGE) are now in the possession of investors who plan to hold the crypto asset for the long haul.

IntoTheBlock shows that hodlers, or entities that have held the crypto asset for over a year, now control 44,800,000,000 DOGE worth over $3.76 billion at time of writing.

According to the analytics firm, the supply currently held by long-term DOGE holders is at its highest level since October 2021 when Dogecoin was trading at around the $0.30 price level.

Source: IntoTheBlock

The market intelligence platform also reveals that the population of long-term DOGE investors has been steadily rising since the start of the year.

Per IntoTheBlock, the number of DOGE hodlers now stands at a new all-time high of 3.18 million addresses with the investor cohort representing 74.66% of all Dogecoin wallets.

Source: IntotheBlock

The rise in the count of long-term DOGE holders comes as the leading memecoin flashes signs of life over the last few days. Dogecoin rallied from a weekly low of $0.071 on March 28th to a high of $0.085, marking an increase of nearly 20%.

With the latest Dogecoin rally, IntoTheBlock shows that 61% of DOGE holders are in profit, while 34% are in the red with only 5% breaking even.

At time of writing, DOGE is trading for $0.084

Don’t Miss a Beat – Subscribe to get crypto email alerts delivered directly to your inbox

Check Price Action

Follow us on Twitter, Facebook and Telegram

Surf The Daily Hodl Mix

Check Latest News Headlines

&nbsp

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured Image: Shutterstock/tunnelmotions/MrArtHit





Source link

Tags: AnalyticsDOGEDogecoinfirmHandsHoldersIntoTheBlockLongTerm
Share196Tweet123Share49
Cuevas Antonio

Cuevas Antonio

  • Trending
  • Comments
  • Latest
Rise of AI-Powered Cheating: Challenges and Solutions for Educators

Rise of AI-Powered Cheating: Challenges and Solutions for Educators

March 20, 2023
Former FTX US President Reportedly Quit After ‘Protracted Disagreement’ With Bankman-Fried

Former FTX US President Reportedly Quit After ‘Protracted Disagreement’ With Bankman-Fried

April 10, 2023
What is Cloud Mining and How Does it Work?

What is Cloud Mining and How Does it Work?

April 10, 2023
Silicon Valley Bank: Bitcoin investors in panic as market goes sideways

Silicon Valley Bank: Bitcoin investors in panic as market goes sideways

0
24 Crypto Terms You Should Know

24 Crypto Terms You Should Know

0
Bitcoin, Ethereum, Dogecoin Rally As Team Biden Cushions SVB Blow

Bitcoin, Ethereum, Dogecoin Rally As Team Biden Cushions SVB Blow

0
Bybit Secured License as Digital Asset Provider in Kazakhstan 

Bybit Secured License as Digital Asset Provider in Kazakhstan 

June 8, 2023
New breed of bitcoin NFTs sell for millions

10 Best New Meme Coins to Buy in 2023

June 8, 2023
Announcing the Client Incentive Program

Update on the partnership between EF and UNICEF

June 8, 2023

Recent News

Bybit Secured License as Digital Asset Provider in Kazakhstan 

Bybit Secured License as Digital Asset Provider in Kazakhstan 

June 8, 2023
New breed of bitcoin NFTs sell for millions

10 Best New Meme Coins to Buy in 2023

June 8, 2023
Announcing the Client Incentive Program

Update on the partnership between EF and UNICEF

June 8, 2023

Categories

  • Altcoin
  • Altcoin News
  • Altcoins
  • Artificial Intelligence
  • Bitcoin
  • Blockchain
  • Business
  • Crypto Mining
  • Cryptocurrencies
  • Culture
  • Dogecoin
  • Economy
  • Education
  • Ethereum
  • Featured
  • Governance
  • Litecoin
  • Market
  • News
  • Uncategorized

Converter

Cryptocurrency Prices by Coinlib

© 2023 Dlt Empire | All Rights Reserved

No Result
View All Result
  • Home
  • Bitcoin
  • Ethereum
  • Blockchain
  • Altcoin
  • Crypto Mining
  • Dogecoin
  • Litecoin
  • Market

© 2023 Dlt Empire | All Rights Reserved