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Dogecoin has more than 1000 wallet users with $1 million or more in coins.
The number of users are increasing because they have invested for a long time in Dogecoin and are reaping the benefits now.
NuggetRush is a similar P2E gaming meme coin that has the capability to give best returns this year.
Dogecoin (DOGE) has come into the spotlight in 2021 as it got endorsements from Elon Musk and the online community. Since its launch in 2013, Dogecoin has been growing and the current rate has been over 33,000%. But who's behind these investments, and what fortunes have they amassed? According to current data, there are more than 1000 account holders who have $1 million in Doge coins in their crypto wallets. All of them are millionaires after investing their money in this top altcoin.
Another meme coin that has been trending in the crypto market in NuggetRush. It is a new entrant in the world of meme coins and has already challenged the celebrity-endorsed coins. It has a unique P2E game where the investors can also earn real money if they play well. This is a big plus for those who want entertainment along with investment.
Let's see how these two altcoins are going to perform this year and which one to choose for future gains.
Initially launched in 2013, DOGE remained relatively quiet until early 2021. Its value skyrocketed from mere fractions of a cent to nearly $0.75 in just four months. This was an astounding 13,000% surge in the price. While its price has since come down to around $0.20, DOGE still has a crypto market cap of approximately $30 billion. These price trends gave massive profits for the token's largest holders. At its peak, the top wallet boasted holdings valued at over $23 billion.
The largest wallet began accumulating DOGE in the summer of 2023. Presently, the wallet boasts over 31 billion DOGE, valued at $5.9 billion. During the peak in 2021, the single largest wallet held over 5 billion DOGE, equivalent to roughly $3.5 billion. Remarkably, none of these tokens have been sold.
As of now, 1101 wallets hold more than $1 million worth of DOGE. Notably, the top 15 addresses control about half of the supply, while the top 136 wallets possess 70%. Conversely, 25% of wallets hold less than 0.01% of the total supply. These figures have remained relatively stable over the past year making it the best crypto investment for everyone.
These insights pertain solely to on-chain addresses, excluding DOGE investors who store tokens on centralized exchanges like Coinbase. Consequently, the actual number of investors with over $1 million in DOGE may be higher. However, data on such investors on centralized exchanges remains undisclosed.
As a Dogecoin variant in the meme coin industry, NuggetRush continues to get investment from users who believe in its unique features and functionality. With online gaming getting lots of users post the covid era, more people are now getting entertained by giving some time to gaming.
It's a Play-to-Earn cryptocurrency where you will be given a piece of land and you have to find the minerals hidden inside it. This way, you can earn real rewards after you progress to next levels. It is a well-suited crypto for beginners who have good gaming skills and want to stay ahead in the game.
It is not restricted to gaming alone and also contributed towards NFT collections. It has a unique marketplace where you will find trending NFT collections to buy, sell, or trade. With time, it is going to become the most popular NFT platform among the new generation. It will also give 20% returns per year to those who stake their NFT collections.
With no fees for buying or selling the NUGX tokens, the users can invest their full amount in one go. This is useful for those who have been giving away a large chunk of money in taxes or fees. It has also helped the artisanal miners in poor countries to have a better life. If you look at the top ICO list this year, NuggetRush is surely one of the top contenders here.
With more than 1000 Dogecoin investors being millionaires, it's high time to invest in similar upcoming crypto coins like NuggetRush. With a mere price of $0.020 per coin, you can grab thousands without breaking your bank. With crypto whales confident in the success of this new coin, new users can think of it as a good crypto to buy for 100% gains.
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.
