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The number of addresses holding dog-themed meme coin 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. Robinhood — Largest Holder of Dogecoin The largest Dogecoin wallet “DEgDV” 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. “DPDLB” tagged as Robinhood on BitInfoCharts is often linked to Elon Musk, with analyst Lookonchain even sharing some evidence of why he thinks the wallet belongs to Musk. “DH5ya” transferred almost all DOGE to “DPDLB.” Top Dogecoin Wallets 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. 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: Crypto Presale Projects For 2024 To Invest; Updated List How DOGE Price Will Perform Next Year DOGE price 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…

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Filed under: News - @ December 26, 2023 4:05 am