Dogecoin (DOGE) Holders Surge to a Record High Count of 486,439

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  • There are 323,502,178 DOGE worth $46,481,982 in the top 1000 BNB wallets.
  • Elon Musk recently asked McDonald’s to accept DOGE as a form of payment.

After a nine-month absence, Dogecoin (DOGE) seems to be attracting investors’ attention once again. There was a surge in the number of Dogecoin holders, according to Etherscan’s most current statistics. As a result, the largest meme currency in market valuation has gained 11,410 new owners in the last 48 hours.

There are 323,502,178 DOGE worth $46,481,982 in the top 1000 BNB wallets according to WhaleStats. The CEO of Tesla, Elon Musk, revealed that Tesla would accept Dogecoin as a legitimate payment mechanism for certain items, which sparked investor interest in the meme currency.

Some crypto community members welcomed the news, while others scoffed at his ongoing support for the waggish Dogecoin project. Elon Musk recently asked McDonald’s to accept Dogecoin as a form of payment after Tesla adopted the cryptocurrency.

Adoption of Proof-of-Stake Method

Several major players in the industry are supporting Dogecoin’s push toward adopting a proof-of-stake method. At its all-time high price of $0.8, the digital asset had amassed a four million-strong holding base. When it first came out, the token had a steady slide, with developers constantly increasing its usefulness to keep it running.

When Vitalik Buterin spoke on the UpOnly podcast, he explained how he plans to push the meme coin on this new path. Even while Buterin has previously expressed his support for the meme currency project, this is the first time he has specifically mentioned his interest in becoming involved with it.

According to CoinMarketCap, the Dogecoin price today is $0.142574 USD with a 24-hour trading volume of $388,686,650 USD.

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