6% of total (Dogecoin) DOGE market cap are held by top 3 dormant addresses

The combined amount of Dogecoin (DOGE) held by the top three dormant for three years addresses is worth a total of $2.23 billion, based on the memecoin’s current price.

Whatsmore, dormant addresses of the meme-inspired coin, which began as a joke, now account for 6.02 percent of the total DOGE market capitalization, according to bitinfocharts.com.

In total, a staggering 8.39 percent ($3.29 billion) of all DOGE currently in circulation is held by the top ten dormant addresses.

At the time of publication, Dogecoin is trading at $0.32, which is 13% up in the last 24 hours and 16.06% in the last week; currently, memecoins overall market cap is $41.8 billion, according to CoinMarketCap.com statistics.

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