04-16-2021, 06:45 AM
FYI just one single address owns 28% of all Dogecoins in existance. That alone shoul
<!-- SC_OFF --><div class="md"><p>Since Dogecoin has been talked a lot here on this sub today and many people have come supporting it or attacking it, it is worth noting that one single investor owns more than a quarter of all Dogecoins in existence.</p> <blockquote> <p>A dogecoin "whale" owns 28% of the meme-based token, according to a report from the Wall Street Journal. </p> <p>Records reveal that 28% of the cryptocurrency in circulation is owned by a single investor, though the person or entity has not been identified.</p> </blockquote> <p><a href="https://markets.businessinsider.com/currencies/news/dogecoin-biggest-holder-owns-28-of-the-cryptocurrency-2021-2-1030093749">https://markets.businessinsider.com/currencies/news/dogecoin-biggest-holder-owns-28-of-the-cryptocurrency-2021-2-1030093749</a></p> <p>You might have made a lot of money of it, but I think that a single person owning so much it's at the very least a serious redflag.</p> <p>EDIT: <a href="https://dogechain.info/address/DH5yaieqoZN36fDVciNyRueRGvGLR3mr7L">This is the address in question</a>. Many have said that it is from Robinhood. While it is possible because of the amount of money it has, <strong>the address has only received 878 transactions and has only sent 21 transactions.</strong> Very unusual for an exchange address.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/New_Diet"> /u/New_Diet </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/mrndyv/fyi_just_one_single_address_owns_28_of_all/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/mrndyv/fyi_just_one_single_address_owns_28_of_all/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>Since Dogecoin has been talked a lot here on this sub today and many people have come supporting it or attacking it, it is worth noting that one single investor owns more than a quarter of all Dogecoins in existence.</p> <blockquote> <p>A dogecoin "whale" owns 28% of the meme-based token, according to a report from the Wall Street Journal. </p> <p>Records reveal that 28% of the cryptocurrency in circulation is owned by a single investor, though the person or entity has not been identified.</p> </blockquote> <p><a href="https://markets.businessinsider.com/currencies/news/dogecoin-biggest-holder-owns-28-of-the-cryptocurrency-2021-2-1030093749">https://markets.businessinsider.com/currencies/news/dogecoin-biggest-holder-owns-28-of-the-cryptocurrency-2021-2-1030093749</a></p> <p>You might have made a lot of money of it, but I think that a single person owning so much it's at the very least a serious redflag.</p> <p>EDIT: <a href="https://dogechain.info/address/DH5yaieqoZN36fDVciNyRueRGvGLR3mr7L">This is the address in question</a>. Many have said that it is from Robinhood. While it is possible because of the amount of money it has, <strong>the address has only received 878 transactions and has only sent 21 transactions.</strong> Very unusual for an exchange address.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/New_Diet"> /u/New_Diet </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/mrndyv/fyi_just_one_single_address_owns_28_of_all/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/mrndyv/fyi_just_one_single_address_owns_28_of_all/">[comments]</a></span>Kind Regards R