Not sure if the figure is entirely accurate, but...
If you think that's hard to follow then consider that nearly a quarter of all DOGE sit in just one wallet (i.e. waiting to be dumped on an unsuspecting public).
I'd like to know which wallet is that? is there a rich list available somewhere in any Dogecoin website or explorer? maybe they are just lost by someone and cannot be accessed anymore.
Oddly enough, that very question has been answered over in the DOGE [ANN] thread over yonder:
https://bitcointalk.org/index.php?topic=361813.msg56382795#msg56382795Someone with the Monica "RobinHood" has "36.8 Billion coins valued at $18billion".
Dumping even a single billion coins would cause a run on the price.
These numbers are terrifying to me.
I think people who invest in DOGE and think its price could ever reach $1 have no idea about those numbers.
For me, investing in DOGE right now is like driving a car blindfolded.