How many people own 1 Dogecoin?

How many people own 1 Dogecoin?

Dogecoin (DOGE) was a huge success in 2021’s bull market. Going up in ranks while investors from all over the world turned their heads to the first memecoin in the cryptocurrency space.
Despite a downtrend from its all-time high that is yet to break out, Dogecoin still holds a strong and supportive community of DOGE owners. The most notable supporter is the multi-billionaire Elon Musk, whose support sparked its rally two years ago.
Currently, out of all the Dogecoin holders, more than 3.83 million crypto wallet addresses own at least 1 Dogecoin, at $0.067 per DOGE by press time.
It is important to say that Dogecoin is a pseudonymous blockchain, and one single individual can control multiple addresses without a known link between them. Therefore, it is factually impossible to know how many people own the memecoin.
Notably, data from BitInfoCharts on November 1 shows that these 3.83 million addresses own 141.68 billion Dogecoin. Notably amounting to around $9.5 billion of owned DOGE.
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