$1 Billion in DOGE Grabbed by Robinhood Customers, Holdings Show 11.16% Rise

The popular Robinhood trading app’s overall DOGE holdings have increased significantly by more than 17%, according to recent information from the @DogeWhaleAlert wallet tracker.

The tweet claims that compared to the end of May, Robinhood’s overall DOGE stockpile has grown by 11.16%. The platform’s wallets then contained 22,641,958,530 DOGE valued at $1,598,454,346.

The current total combined amount of #Dogecoin held by @RobinhoodApp 🪶 on behalf of its investors is:

38,317,905,469 $DOGE
$2,579,369,807 USD
27.39% of the circulating supplyhttps://t.co/iWz81VqfEE

— Ðogecoin Whale Alert (@DogeWhaleAlert) June 23, 2023

Currently, Robinhood holds 38,317,905,469 DOGE, which is equal to $2,579,369,807. Compared to the 16.23% registered on May 25, this number of meme coins represents 27.39%. Within the last month, Robinhood clients have purchased Dogecoin valued around $1 billion.

The DOGE currency has risen 8.97% over the past week and 2.5% during the past 24 hours. The price of the first meme currency is currently $0.06794, according to information provided by CoinMarketCap.