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HomeCrypto NewsMarketDogecoin (DOGE) Sets New Record Reaches 486,439 Holders

Dogecoin (DOGE) Sets New Record Reaches 486,439 Holders


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Dogecoin (DOGE) seems to grab investors’ interest once again after nine months when it recorded an all-time high price (ATH) of $0.7376.

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The recent data provided by Etherscan reveals that the holder count for Dogecoin jumped from 475,029 to 486,439 within 48 hours. This means 11,410 new holders have accumulated the biggest meme coin in market capitalization.

On the other hand, WhaleStats reported that the top 1000 BNB wallets hold 323,502,178 DOGE worth $46,481,982.

Investors’ interest in the meme coin arose after the CEO of Tesla confirmed that his company Tesla would accept Dogecoin as a legal payment method for some of its merchandise.

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On January 14, Elon Musk posted the following tweet: Tesla merch buyable with Dogecoin.”

This announcement induced a mixed reaction from the crypto community, with bitcoin supporters criticizing his continued support of the waggish Dogecoin.

One of the popular crypto accounts with 424K followers replied to Musk’s tweet and said: “Doge now has more institutional adoption than Bitcoin.

Following the acceptance of Dogecoin by Tesla, Elon also urged McDonald to accept Dogecoin as payment.

At the press time, DOGE is trading at $0.1429 per coin, up 1.48% for the day. Dogecoin is currently ranked as the 11th biggest cryptocurrency globally by CoinMarketCap (CMC), as its market capitalization stands at $19,015,073,549.

Looking at the 24-hour volume, we see no change compared to the previous session and stand at $417,567,987.53.

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Zabi is crypto enthusiastic with more than 10 years of experience in managing Google News-approved Finance websites. Zabi has a strong background in finance with a thorough understanding of cryptos and a solid grip on the crypto and financial market industry. Along with his passion for crypto writing, Zabi manages his personal stock and finance-related Google News-approved websites.

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