Leading crypto analytics firm IntoTheBlock, 44,800,000,000 dogecoin (DOGE) token is held by long-term investors. According to the analysis, these assets have been in wallets with a tendency to invest for more than a year. The total value of these tokens is $3.76 billion.
According to the analysis firm, it is currently long-term DOGE The supply held by owners is at its highest level since October 2021, when Dogecoin was trading at a price level of around $0.30.
IntoTheBlock He also underlined that the number of long-term Dogecoin investors has been steadily increasing since the beginning of the year.
According to the data, the number of long-term investors currently represents 74.66% of all wallets. This means 3.18 million addresses.
The increase in the number of long-term Dogecoin holders meme coinIt was detected after the new developments in . DOGE gained nearly 20% from its weekly low of $0.071 on March 28 to $0.085.
With the last recorded rally, 61% of existing investors are making profits, while 34% are losing. The remaining 5% has suffered much more serious damage.
You can follow the current price action here.