Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
According to data provided by @DogeWhaleAlert, popular trading app Robinhood continues to hold a whopping 33,562,118,379 Dogecoins. This amount of meme tokens so favored by the crypto community is equal to $2,206,373,662. This is a tiny bit less than the company held a week ago.
The current total combined amount of #Dogecoin held by @RobinhoodApp 🪶 on behalf of its investors is:
— Ðogecoin Whale Alert (@DogeWhaleAlert) March 12, 2023
33,562,118,379 $DOGE
$2,206,373,662 USD
24.23% of the circulating supplyhttps://t.co/iWz81VqfEE
This also constitutes 24.23% of the DOGE supply in circulation, according to the tweet.
In the meantime, the above-mentioned tracker of DOGE transactions shared that staggering amounts of this meme coin were sent to Binance with the participation of a top 20 wallet.
Yuri MolchanA total of 31,499,993 Dogecoin was sent from one anonymous wallet to another. That DOGE chunk was worth $2,197,660. Slightly more than 15.5 million Dogecoins were transferred to the Binance exchange from unknown multiple wallets.
Finally, 14,999,980 DOGE worth slightly under $1 million got moved from a top 20 wallet to an anonymous address. The overall worth of all these meme coins comprises approximately $4.3 million.
In the meantime, Dogecoin is showing signs of price revival. Over the past 24 hours, it has risen over 6%, and it is up 1.72% over the past hour. At the moment, the original meme coin is changing hands at $0.07051, according to CoinMarketCap.
Tomiwabold Olajide
Dan Burgin
Alex Dovbnya
Vladislav Sopov