what is dogecoin whale

Is it by money dumped into DOGE or by amount of DOGE coins owned? Dogecoin is a decentralized cryptocurrency with a very large community. "Too much concentration is the only real issue imo [in my opinion]. 1.8m members in the dogecoin community. Musk replied “sounds like it” to a tweet from a user suggesting that Robinhood is the top Dogecoin whale. A dogecoin "whale" owns 28% of the meme-based token, according to a report from the Wall Street Journal. Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. share. The total holdings of whales (addresses that own more than 1% of the circulating supply) and Investors (addresses that own between 0.1% and 1% of the circulating supply). 1125 N. Charles St, Baltimore, MD 21201. Dogecoin is the people’s crypto — Elon Musk (@elonmusk) February 4, 2021. save. Musk replied “sounds like it” to a tweet from a user suggesting that Robinhood is the top Dogecoin whale. How You Could Double Your Money at Least 6 TIMES This Year. Cryptocurrency dogecoin went on a rocket ride to the moon and back over the weekend after Elon Musk poked fun at it on Saturday Night Live before … But read on for a primer about what exactly is going on. New details about the Dogecoin whale account have been discovered A Dogecoin “whale” continues to hold the billions worth of Dogecoin despite the … 76.4% of retail CFD accounts lose money, Registration on or use of this site constitutes acceptance of our, Sign up here for our daily newsletter, 10 Things Before the Opening Bell, A crypto wallet founder breaks down how he secured $60 million within 5 days from investors wanting to back tokenized shares - and how he almost became a 'Doge millionaire', the $1.00 level so many TikTok users are praying for, Bitcoin tumbles as low as $30,000 amid a broad crypto sell-off after China signals a crackdown », Cathie Wood reiterates $500,000 long-term bitcoin price target amid deep crypto sell-off ». As to who is behind the massive whale account of dogecoins, no one is sure but many are guessing. In fact, a single DOGE owner possesses a … Log in or sign up to leave a comment Log In Sign Up. Observe the activity of the most famous exchanges such as Huobi, Coinbase or Bittrex in real time. There is increased social media speculation that Robinhood … A mysterious Dogecoin whale holds almost 34.9 billion DOGE, or more than $1.2 billion. The under-fire American trading platform Robinhood said it will provide customers “the ability to deposit and withdraw” cryptoassets and has claimed that it has no crypto holdings – despite mounting suspicion that it could be one of the mysterious dogecoin (DOGE) whales who control vast amounts of the runaway token.. If that sentence makes little sense to you, you're not alone. One wallet contains nearly a quarter of all dogecoin currently valued at $231.5 million. It’s no secret that Dogecoin is rising in value, hitting all-time high after all-time high. An analysis of Dogecoin addresses shows nearly half the supply is owned by just 13 wallets, with two-thirds of all DOGE being held by just 104 wallets. Despite its enormous market capitalization, Dogecoin remains an extremely volatile cryptocurrency, which means even the biggest swing traders (with net worths in the billions) can feasibly day trade this market without facing liquidity issues. What is a Dogecoin Whale? Robinhood says that users don’t possess the private keys to their crypto holdings, meaning that Robinhood technically owns all the DOGE traded on its platform. And 450 dogecoin addresses own more than $10 billion worth of the cryptocurrency. Dogecoin distribution. Press question mark to learn the rest of the keyboard shortcuts. The world cannot stop talking about Dogecoin (CCC:DOGE-USD) right now. quotes delayed at least 15 minutes, all others at least 20 minutes. In fact, a single DOGE owner possesses a 28% share of the total supply of the coin. The billionaire CEO of Tesla who has been vibrant on social media platform Twitter once again took to the platform to suggest that commission-free trading and investing app Robinhood, is the biggest holder of the digital coin. Interestingly, 50% of the 128 B Doge is stll in just 100 wallets, The largest whale [24%] had 788 M worth of Doge in the wallet, and he only cashed 33M ths week. The three-largest Bitcoin (CCC:BTC-USD) wallets own nearly 8% of the world’s supply of BTC. The biggest wallet holds an astonishing 28.4 per cent of the supply — 36 billion Dogecoins. More than a half of DOGE’s total supply is concentrated across 20 addresses. DOGE is a crypto asset that was developed and launched in December 2013 by software engineers Billy Markus and Jackson Palmer. Dogecoin might not be so bad after all.Graham Stephan on Dogecoin: https://youtu.be/xmKbgNhDVJcDisclosure: I don't hold any dogecoin. All rights reserved. As such, 67% of Dogecoin … Dogecoin is a ... Musk is considered by many as an institutional investor (large investor),also known as a “whale investor” in crypto lingo. There is increased social media speculation that Robinhood is the Dogecoin Whale, DH5. Dogecoin Whales: 8 Things We Know About the Monster DOGE Holders, their movements are causing huge splashes, 7 High Quality Industrial Stocks to Buy Now, Louis Navellier and the InvestorPlace Research Staff, Don’t Be This Guy and Miss Out on Millions. One holder of the cryptocurrency owns more than a quarter of all 128 billion tokens in circulation. Cryptocurrency enthusiasts on Reddit think Robinhood — is the owner of a digital wallet stuffed with nearly $2 billion in dogecoin. How much money does one need to dump into DOGE to be considered a Whale? But the lingering threat is that for one thing, DOGE proved that anyone can create a … The position is worth around $2.1 billion at current prices, WSJ reported. The 11 largest Dogecoin portfolios contain 46% of the supply. 0 comments. Talk of the dogecoin whale comes as Robinhood is set to face a grilling in front of the U.S. House Financial Services Committee later Thursday, where it will attempt to … Dogecoin is a 'meme' cryptocurrency, seemingly created as a joke Yuriko Nakao/Getty. Doge is a dog, but a whale is a whale. I was curious , to find out if the real whales were really up to something. Another 450 Dogecoin accounts own about $10 billion worth of cryptocurrency. Elon Musk Wants Major DOGECOIN DOGE holders to sell most of their coins as there is too much concentration among them. Cryptohead. Dogecoin whales are holding half of the total DOGE supply. Responding to Mr Musk’s tweets, one Dogecoin advocate wrote: “Whales will have to consider Elon’s ultimatum here. Elon Musk and Dogecoin ‘Lion King’ Meme Gone Viral. Throug our data, you will notice that most of the time, large transaction is related to an internal exchange transaction also call, "cold wallet movement". If they comply, Dogecoin becomes the currency of the internet. Records reveal that 28% of dogecoin in circulation is owned by a single investor. He described a pattern of trading where Wolong would make it appear that a whale was keeping the market below a certain price, and then play the part of a second whale buying enough Dogecoin … But a new theory from investors posits that a single, wealthy investor — … A mysterious Dogecoin whale holds almost 34.9 billion DOGE, or more than $1.2 billion. Dogecoin's spectacular rise this year has led to one so-called whale's position ballooning to $22 billion in value. Binance isn’t the Dogecoin whale — and it looks like Robinhood isn’t, either. Made In NYC | That warning is back in focus following dogecoin's more than 12,000% year-to-date rally, as the top holder now owns $22 billion worth of the meme-inspired cryptocurrency, according to data from Bitinfocharts as of Friday afternoon. Despite the risk, Musk continues to root for dogecoin, both on twitter and off. Be … ... More posts from the dogecoin community. Dogecoin's spectacular rise this year has led to one so-called whale's position ballooning to $22 billion in value. That nickel has turned to a quarter at breakneck speed. Dogecoin Whales Concentration. A dogecoin "whale" owns 28% of the meme-based token, according to a report from the Wall Street Journal. A single digital wallet currently owns 36.7 billion dogecoin, … What Will the Stock Market Do Today? Elon Musk Believes Robinhood Is Biggest Dogecoin Whale. Why a Dogecoin whale is a problem. © 2021 Insider Inc. and finanzen.net GmbH (Imprint). The chief executive of Binance has denied that the cryptocurrency exchange is the mysterious “Big Doge” that owns 28 per cent of the total supply of the meme coin — a whopping US$17.5 billion worth. Many anticipate Musk will wade into dogecoin during the episode, further boosting its price. More than a half of DOGE’s total supply is concentrated across 20 addresses. Dogecoin address DH5yaieqoZN36fDVciNyRueRGvGLR3mr7L first began buying the cryptocurrency on February 5, 2019 when it was trading at $0.0018 per coin, and currently owns 36.7 billion dogecoins. The billionaire CEO of Tesla who has been vibrant on social media platform Twitter once again took to the platform to suggest that commission-free trading and investing app Robinhood, is the biggest holder of the digital coin. Due to the dirt-cheap prices at the genesis of a digital coin, gigantic piles of tokens can be bought up for pennies. Dogecoin Whales Concentration. Tesla CEO Elon Musk has weighed in on the identity of the top Dogecoin (DOGE) holder, tweeting that it is likely to be commission-free trading app Robinhood. The name “Doge” originates from internet memes of a Shiba Inu (breed) dog. Disclaimer | On February 15th, Musk urged Dogecoin “whales” to sell their coins: “if major Dogecoin holders sell most of their coins, it will get my full support. That is cold storage for a platform that has north of a million active Dogecoin exchange accounts, they have 3 cold storage wallets and 5 hot wallets. He even went as far as offering cash to the top holders of the meme-inspired cryptocurrency. This idea mainly stems from three separate transactions in the whale's wallet that each added 28.061971 dogecoin's, which reference Elon Musk's birthday of June 28, 1971. An analysis of Dogecoin addresses shows nearly half the supply is owned by just 13 wallets, with two-thirds of all DOGE being held by just 104 wallets. Share. Tesla CEO Elon Musk has weighed in on the identity of the top Dogecoin (DOGE) holder, tweeting that it is likely to be commission-free trading app Robinhood. Sort by. Whether Musk's SNL appearance helps dogecoin reach the $1.00 level so many TikTok users are praying for will likely be known well before the identity of the cryptocurrency's biggest whale. no comments yet. Just wondering how many shares you guys think a person would need to be considered a whale. Value Sender Recipient Date Crypto Exchanges Analytics. All rights reserved. What’s considered a Whale for dogecoin? best. "If major Dogecoin holders sell most of their coins, it will get my full support," Musk said in a tweet on Valentines day. All rights reserved. Copyright © 2021 InvestorPlace Media, LLC. Dogecoin’s market cap reached $10 billion on Monday, more than Stellar (XLM) and Bitcoin Cash (BCH). The most amazing place on reddit! Registration on or use of this site constitutes acceptance of our Terms of Service and Privacy Policy. The top 100 dogecoin addresses own 67% of the total 129.5 dogecoin supply, currently worth more than $53 billion at nearly 87 billion dogecoins. Elon Musk himself has attempted to address Dogecoin’s centralization problem. deseret.com - New details about the Dogecoin whale account have been discovered A Dogecoin “whale” continues to hold the billions worth of Dogecoin despite the … Published on February 16, 2021 04:57 GMT+0 edited on February 16, 2021 07:00 GMT+0. In a series of tweets, Robinhood wrote: Recently, he started talking about Dogecoin again. Dogecoin whale info. Copyright © The wildly centralized wealth has lead many to hold back. Last Dogecoin whales* Last biggest transactions for Dogecoin in real time. The cryptocurrency dogecoin went on a rocket ride to the moon and back over the weekend after Elon Musk poked fun at it on Saturday Night Live before announcing on Monday that his company would accept it as legitimate payment for a mission to the moon. Bitcoin Whales Bought the Dip, Data Shows as $1.2B… Bitcoin Ownership Steadily Shifts From Whales to… Key Data Shows Retail Investors Are Entering the… Analyst Shows Whales Are Sending Bitcoin and… Why this is a significant element in Dogecoin's… Binance has added more trading pairs for… Research shows mining meme coin DOGE is more… 9 Things for DOGE Investors to Know, 7 Cryptocurrencies Under $2 That Could Be The Next Bitcoin, SHIB Coin Burn: 15 Things for Shiba Inu Investors to Know as 410 Trillion Tokens Are Torched. Article printed from InvestorPlace Media, https://investorplace.com/2021/04/dogecoin-whales-8-things-we-know-about-the-monster-doge-holders/. And, in the time it took me to get a good night’s rest, the crypto shot through the 40-cent mark. Press J to jump to the feed. The entrepreneur has previously dubbed DOGE as "people's crypto" and pitched for its mass adoption. 2021 InvestorPlace Media, LLC. But read on for a primer about what exactly is going on. First Input, Last Input, Number Of Inputs, First Output, Last Output, Number Of Outputs, Balance Source: Adobe/ink drop. Dogecoin is likely a one-off event, a moment of collective insanity that will die out sooner or later. Musk replied “sounds like it” to a tweet from a user suggesting that Robinhood is the top Dogecoin whale. Read more: A crypto wallet founder breaks down how he secured $60 million within 5 days from investors wanting to back tokenized shares - and how he almost became a 'Doge millionaire'. Records reveal that 28% of the cryptocurrency in circulation is owned by a single investor, though the person or entity has not been identified. A single digital wallet currently owns 36.7 billion dogecoin… One such whale wallet has been discovered lately, which at the time of writing, is said to hold as much as $22 billion worth of the altcoin. Robinhood was believed by some to potentially own a large chunk of dogecoin, but CEO Vlad Tenev put that rumor to rest on Thursday. share. However, observers warn that “whale” investors can easily manipulate the market. Musk had expressed agreement in February with a comment by a Twitter user that called for “transparency” from Robinhood on whether the brokerage platform is the Dogecoin whale. 0 minute ago | Derek Rose. Cardano Should Outperform Ethereum by the End of the Year. The chief executive of Binance has denied that the cryptocurrency exchange is the mysterious Dogecoin whale that owns 28 per ... Read More The post Binance isn’t the Dogecoin whale … 3 Big Stories to Watch. Dogecoin 2021 is in an overextended bull run powered by sheer volumes from day traders, institutional investors, celebrities, and DOGE whales. Start using ClankApp today. hide. Elon Musk suggests Robinhood is mysterious Dogecoin ‘whale’ hoarding cryptocurrency. A subreddit for sharing, discussing, hoarding and wow'ing about Dogecoins … The billionaire CEO of Tesla who has been vibrant on social media platform Twitter once again took to the platform to suggest that commission-free trading and investing app Robinhood, is the biggest holder of the digital coin. Previously, it has been claimed that none of those top addresses belongs to a real person. Musk replied “sounds like it” to a tweet from a user suggesting that Robinhood is the top Dogecoin whale. One such whale wallet has been discovered lately, which at the time of writing, is said to hold as much as $22 billion worth of the altcoin. Elon Musk, one of the most vocal fans of DOGE, says he can’t lend full support to the coin until some of the top owners sell off their coins. Who is the Dogecoin whale? Top 100 Richest Dogecoin Addresses. Commerce Policy | 1125 N. Charles St, Baltimore, MD 21201. In February, the Tesla CEO even offered to buy out Dogecoin “whales,” investors who own large amounts of cryptos and can significantly impact the market with their trading activity. The chief govt of Binance has denied that the cryptocurrency trade is the mysterious “Big Doge” that owns 28 per cent of the total supply of the meme coin — a whopping US$17.5 billion value.. Binance chief govt Changpeng “CZ” Zhao tweeted at Elon Musk over the weekend that he significantly doubts that one other trade owns the pockets, as nicely. Plus500. As a decentralized cryptocurrency, people can do peer-to-peer transactions with Dogecoins without the need for a central authority that governs the transactions. Polygon Price Predictions: Where Will Musk’s Message Take MATIC Next? deseret.com - Herb Scribner • 1d. According to Bitinfocharts data, one “whale” investor owns up to 28.8% of Dogecoin in circulation and only 102 wallet holders own another 38.5%. If that sentence makes little sense to you, you're not alone. Are Dogecoin Smart Contracts Coming? In July 2020, Musk openly endorsed Dogecoin, which resulted in a 14% price increase. Dogecoin is a crypto with some of the highest concentration of wealth ever. Responding to Mr Musk’s tweets, one Dogecoin advocate wrote: “Whales will have to consider Elon’s ultimatum here. This technicality does provide some evidence for Musk’s speculation. With the crypto appreciating so rapidly in value over the week, Dogecoin whales are once again in the spotlight. The biggest wallet holds an astonishing 28.4 per cent of the supply — 36 billion Dogecoins. Dogecoin's endorsement from Musk, and other celebrities, has likely helped spark buying demand from traders and investors that want to get in on the joke. 8 Things to Know About Dogecoin Whales Today Dogecoin is a crypto with some of the highest concentration of wealth ever. Dogecoin is up 34,567% since that first purchase back in 2019, with it currently trading at $0.62. "Arguably the most entertaining outcome, the most ironic outcome, would be that Dogecoin becomes the currency of Earth of the future," said Musk. If they comply, Dogecoin becomes the currency of the internet. On May 19, iconic growth investor Louis Navellier will reveal how his powerful quant-based stock system could accelerate your wealth and help fund your retirement. Nasdaq Tesla CEO, Elon Musk remained outspoken about Dogecoin, though most of the time he made fun of the cryptocurrency with his tweets, it seems like the demand for the cryptocurrency has increased due to his Dogecoin statements. There’s concern that a Dogecoin “whale” account could hurt Dogecoin because he or she is selling off millions of dogecoins every hour, which lowers the overall value for others, as I explained for the Deseret News. Stock quotes by finanzen.net. DOGE whales accounted for $12 billion in Dogecoin sales in a single day yesterday. Dogecoin is the people’s crypto — Elon Musk (@elonmusk) February 4, 2021. On the date of publication, Brenden Rearick did not have (either directly or indirectly) any positions in the securities mentioned in this article. Source: Twitter. Elon Musk warned in February that the biggest risk facing dogecoin is it's extreme concentration among just a handful of digital wallets. But this does not end here, in the word of finance, a Whale is an entity with enough power to impact the market of an asset by transfer massive transactions. Dogecoin investors remain curious of a “whale” — or one major investor — who is holding all of the cards with Dogecoin.But one suspect recently denied any involvement. Too much concentration is the only real issue imo.” So far, it seems that no one has taken Musk up on the offer. Previously, it has been claimed that none of those top addresses belongs to a real person. On February 15th, Tesla’s founder openly criticized whales (large token holders) for hoarding large amounts of Dogecoin. Elliptic, a blockchain data tracking company, came out to clear the air around Dogecoin's whales concentration. report. Here's what you need to know. Elliptic, a blockchain data tracking company, came out to clear the air around Dogecoin's whales concentration. Musk had expressed agreement in February with a comment by a Twitter user that called for “transparency” from Robinhood on whether the brokerage platform is the Dogecoin whale. Musk, the ardent supporter of Dogecoin earlier this month pitched it against the market’s biggest coins, stating that its stark high supply relative to Bitcoin (BTC) can be an advantage to Dogecoin. Crypto has its fair share of whales. There are some whales buying up 1.4 m worth of Doge at a time , multiple times. Vlad Tenev, CEO of Robinhood Markets, speaking at a “fireside chat” on Thursday, attempts to dispel any lingering speculation that the brokerage may be a so-called dogecoin whale… Many, including Musk, believe that e-trading platform. I will literally pay actual $ if they just void their accounts.". There’s no doubt that the unprecedented celebrity support for Dogecoin is likely pushing DOGE/USD past every resistance level. The chief government of Binance has denied that the cryptocurrency alternate is the mysterious “Big Doge” that owns 28 per cent of the total supply of the meme coin — a whopping US$17.5 billion value.. Binance chief government Changpeng “CZ” Zhao tweeted at Elon Musk over the weekend that he critically doubts that one other alternate owns the pockets, as properly. There’s a debate ongoing between which cryptocurrency is doing better — ethereum or Dogecoin. The cryptocurrency that literally began as a joke, dogecoin (DOGE) is nearing a $100 billion market capitalization on Saturday. 100% Upvoted. Here’s what you need to know about the Dogecoin whales. Some online forums have pointed to the "dogefather" himself, Elon Musk, as being behind the dogecoin whale account. U.Today 2 months ago. But given Musk's warning on concentration risk and the fact that these transactions occurred in February, when Elon Musk was often tweeting and talking about dogecoin, these transactions were likely an homage to Musk rather than completed by Musk himself. The Wall Street Journal reported back in February that there was one person — or business or entity — that owned 28% of all dogecoin out there at that time. At the beginning of the month, you could buy a DOGE token for a nickel. What Is Dogecoin? That will all come to a head this weekend, with Elon Musk set to host Saturday Night Live for the first time ever. A Bitcoin whale or crypto whale in general is an entity with enough power to be able to impact the price of a cryptocurrency with a simple transaction.. ClankApp index all of biggest crypto transactions in real time. As reported by U.Today, Musk took a shot at Dogecoin’s unequal wealth distribution last week, causing its price to drop 20 percent. Instead, DOGE has become a battleground for whales and major players to make massive trades. Elon Musk Urges Dogecoin Whales to Dump Their Coins — Even Offers to Pay Them Tesla CEO Elon Musk believes that too many dogecoins are held by too few whales and has made them a huge offer. With DOGE, these whales are even larger, and their movements are causing huge splashes. But Robinhood refused to say whether it’s the dogecoin whale. Accessibility Statement | The cryptocurrency dogecoin went on a rocket ride to the moon and back over the weekend after Elon Musk poked fun at it on Saturday Night Live before announcing on Monday that his company would accept it as legitimate payment for a mission to the moon. Tesla's and SpaceX's founder said on multiple occasions that his tweets about dogecoin are meant to be jokes.

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