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One Month In And 10% Of Dogecoin Millionaires Have Already Disappeared In 2026 – Details
newsbtchace 10d

One Month In And 10% Of Dogecoin Millionaires Have Already Disappeared In 2026 – Details

Just one month into 2026, Dogecoin’s on-chain wealth metrics are already revealing a notable change. Data tied to wallet balances shows that a meaningful share of DOGE’s highest-value holders has dropped out of the millionaire bracket since the start of the year. The change has unfolded quickly and lines up with a period of price weakness, which makes it necessary for closer attention to what is happening behind the scenes among Dogecoin’s largest holders. Finbold Data Shows A 10% Drop In Dogecoin Millionaire Wallets The number of Dogecoin wallets in the millionaire threshold has fallen notably since the beginning of 2026, but this is not surprising considering the price action of the meme coin during this period. This trend is revealed through data from the Dogecoin Rich List metric from BitInfoCharts. Related Reading: Where’s XRP Price Headed As Exchange Reserves Plunge To 1.7 Billion? Details first published by Finbold, using data stored in Wayback Machine’s internet archive, show there were 1,052 Dogecoin wallets holding at least $1 million worth of the cryptocurrency at the start of 2026. Out of those 1,052 wallet addresses, 163 of them were worth more than $10,000. Dogecoin Rich List. Source: BitInfoCharts However, the data from early February shows an interesting trend since then. As it stands, that figure has fallen to about 950. In practical terms, this means that nearly one out of every ten Dogecoin millionaire wallets has fallen out of that category within the space of a single month. The speed of this decline stands out, especially when compared with the usually slower and more incremental changes that tend to occur on Dogecoin’s rich list over longer periods. Price Decline Pushes Wallets Below The $1 Million Threshold The timing of the drop in millionaire wallets closely tracks Dogecoin’s price performance since the beginning of the year. In terms of price action, Dogecoin has traded lower on a year-to-date basis, shedding double-digit percentage losses. Related Reading: How To Trade The XRP Price In The Short Term After The Massive Crash Notably, Dogecoin’s price has lost about 32% of its value since January 4. This goes back to a downward price action that has been playing out since the last quarter of 2025, when Dogecoin was rejected at $0.29 and has been correcting since then. At the time of writing, Dogecoin is trading at $0.1084 and is at risk of losing the $0.10 price level. If Dogecoin were to break below this level, then the number of millionaire holders will drop in tandem. However, valuation changes, not just outright exits, played a role in the shrinking millionaire count. As prices moved down, many wallets that previously sat just above the $1 million mark would have slipped below the threshold without necessarily selling large portions of their holdings. A decline in high-value holders does not automatically mean a collapse in Dogecoin’s outlook, but it does reflect changing behavior among large holders. Some of the reduction may point to profit-taking. Other wallets may simply be waiting out weaker market conditions. Featured image created with Dall.E, chart from Tradingview.com

#TECH
OQ Trading extends funding facility to Maldives’ STO
muscatdailyhace 10d

OQ Trading extends funding facility to Maldives’ STO

Muscat – OQ Trading (OQT), the global energy and commodity trading arm of OQ Group, on Wednesday announced the provision of a medium-term structured finance facility to Maldives’ State Trading Organization (STO), alongside a mid- to long-term supply arrangement for light and middle distillate products used across transport, power generation, and essential services in the [...]

#ECONOMY
Stocks slip as investors pocket gains
philstarhace 10d

Stocks slip as investors pocket gains

The Philippine Stock Exchange index failed topost back-to-back wins as investors decided to pocket gains ahead of the country’s inflation report.

#STOCKS
F&N posts quarterly net profit of RM112mil
thestar_myhace 10d

F&N posts quarterly net profit of RM112mil

Fraser & Neave Holdings Bhd (F&N) expects conditions of its food and beverage (F&B) arm in Indochina (F&B Indochina) to stabilise as economic activity normalises and trade channels in Thailand replenish stock levels. Read full story

#STOCKS
Stock index seen to rise to 7,100
philstarhace 10d

Stock index seen to rise to 7,100

Brokerage firm Philstocks Financial Inc. expects a strong recovery in the Philippine stock market this year following last year’s dismal showing, where the local bourse was one of the worst-performing markets in East and Southeast Asia.

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