Dogecoin (DOGE) Millionaire Wallets Decreased by 40% in 2023

The data from BitInfoCharts reveals a significant decline of over 40% in the number of Dogecoin (DOGE) millionaires year-over-year. Despite a recent 30% surge in the meme coin's value within a month, it remains slightly over 10% below its November 2022 valuation and has experienced a substantial 90% drop from its all-time high in 2021. The consistent downward trend over the past two years is identified as a potential factor contributing to the scarcity of DOGE millionaires. KEEP READING