Number of Dogecoin whale addresses rises after accumulating 620 million DOGE

According to popular cryptocurrency analyst Ali Martinez, who shared that from cryptocurrency analytics firm IntoTheBlock, the number of addresses holding between 100 million and 1 billion DOGE has moved up by six, with the whales buying up $37.6 million worth of the meme-inspired cryptocurrency.

Dogecoin’s popularity has substantially increased, especially this year when Elon Musk, Mark Cuban, and other celebrities kept on promoting the cryptocurrency on social media as cryptocurrency markets kept on heating up.