Post
Topic
Board Altcoin Discussion
Re: 101 addresses hold 67.7% of all Dogecoin. This is insane.
by
Teraboy
on 19/04/2021, 07:54:22 UTC
It's not too dissimilar for BTC really. top 1% of holders hold like 99% of the BTC in circulation. This is only natural due to funds being held in custodial services. It will get even worse for dogecoin in due time after the bull season I think.
It seems like true but that's too fast for more than 67% already owned by a few address. You can see this https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html

If you are making the comparison between bitcoin and doge, you will know that if doge is even worst than bitcoin and why. There are thousands addresses that was owning majority of bitcoins.
It's different with doge.

101 addresses with 67% total supply.