According to the latest data, the number of people planning to hold the popular meme cryptocurrency dog coin for a long time has been gradually increasing since 2023.According to IntoTheBlock data, despite a slight increase of 4% in the past week, over 60% of dog coin holders have made profits in their investments, while approximately 34% have lost money
According to the latest data, the number of people planning to hold the popular meme cryptocurrency dog coin for a long time has been gradually increasing since 2023.
According to IntoTheBlock data, despite a slight increase of 4% in the past week, over 60% of dog coin holders have made profits in their investments, while approximately 34% have lost money.Hoarding dog coins
According to reports, these "handlers" who hold encrypted assets for over a year have approximately 45 billion DOGs in their wallets, with a value of over $3.76 billion at the time of writing.
The DOGE exchange rate has returned to its local support level of $0.07605 and has risen today. If the closing occurs near this level, there may be sufficient momentum to fall to the $0.075 range.
According to data from IntoTheBlock, the number of DOGs held by long-term holders is at its highest level since October 2021, when the trading price of Dogcoin was around $0.30.
According to IntoTheBlock data, the total number of DOGE wallets has reached 3.18 million, reaching a historic high, with investors accounting for 74.66%.
Will DOE break through $1?
On Sunday, it rose 7% to $0.082, and many people are wondering if the meme coin may eventually break through the $1 mark this week. From the weekly low of $0.071 on March 28th to the high of $0.085 on April 5th, the token has risen by approximately 20%.
The recent price increase of DOE has reignited investor interest and sparked inquiries about whether the cryptocurrency can reach a new benchmark in the coming days.
According to IntoTheBlock's statistics, investment groups account for approximately 75% of all dog coin wallets, indicating that the number of dog coin holders has reached a historic high of 3.18 million addresses.
At the same time, dog coin miners added approximately 360 million dog coins last month. The blockchain forensics platform revealed that the total amount of Bitcoin held by miners increased from 4.4 billion on March 1 to 4.76 billion on March 30.
At the current price of DOGE, the Gougou Coin miners now own approximately $357 million. This accounts for approximately 3.5% of the total market value of token cryptocurrencies.
In relevant news, Dogcoin Whale conducted 587 transactions worth over $100000 on March 4th. As of March 30th, the number of major transactions on the internet has increased by 71% to 1006.
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