Popular trading app remains a large Dogecoin holder as DOGE becomes more popular with whales
Dogecoin, the 8th largest digital currency, has reached a new milestone with the largest number of whales on Binance Smart Chain.
In the meantime, Robinhood app has revealed how much Dogecoin it holds for its customers.
Robinhood owns 30 percent of the DOGE supply
according to a recent tweet by ,DogeWhaleAlert Twitter user, popular trading app Robinhood tweeted that it holds a solid amount of meme coin DOGE in its wallet on behalf of its investors.
This is 38,439,544,979 meme coins worth $3,000,744,639. This constitutes roughly 28 percent of the current DOGE supply circulating in the market.
Furthermore, Mem Token has emerged as one of the Most used smart contracts on the Binance Smart Chain (BSC) for its largest 1,000 token holders in the last 24 hours.
DOGE price reacts to Elon Musk’s tweet
As covered by U.Today earlier, the head of Tesla e-car producer and the new boss of Twitter, billionaire Elon Musk, had launched a poll on his Twitter handle, asking users if they would like him to quit the position of the social media platform’s chief.
Curiously, the majority voted “yes” – 57 percent. Dogecoin, which Elon Musk has been a fan of for the past few years, took a hit and went into the red zone. It has declined by 1.85 percent in the last 24 hours. The coin price has declined by a total of 13.63 percent within the last week.
As Musk launched the poll, he stated that he would obey the results and leave should users want him to do that. Now, if it remains to be seen, where he will keep his word.
