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Dogecoin Ownership Is Highly Concentrated, Chainalysis Report Reveals

source-logo  coingape.com 16 August 2021 22:44, UTC

New York-based blockchain data platform Chainalysis revealed on Tuesday that investors are adopting the meme coin, Dogecoin, at a level not seen since the late 2017 bull run. While long-term Doge holders have reduced their stake, new investors have increased their stake in the supply from 9% in July 2020 to 25% in August 2021.

coingape.com