Dogecoin drops 23% as Elon Musk slams DOGE rich list

Dogecoin drops 23% as Elon Musk slams DOGE rich list

The world’s richest man giveth, and the world’s richest man taketh away. The value of Dogecoin (DOGE) sunk 23% in a matter of hours on Feb. 15, after Elon Musk drew attention to the vastly unequal distribution of DOGE coins and urged major holders to sell off their holdings. Dogecoin has one of the most unequal coin distributions in the cryptocurrency space, with 28.7% being held by just one person, and the top 12 holders possessing almost 50% of the supply. Just before midnight on Feb. 14, Musk tweeted:“If major Dogecoin holders sell most of their coins, it will get my full support. Too....


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