Dogecoin, a meme-based cryptocurrency, became very popular last year and a lot of small investors became millionaires because of it. But by the middle of 2022, the number had dropped below 1,000 because Dogecoin was going down and the crypto market as a whole was falling apart.

We found that there were 1,046 Dogecoin millionaires as of November 1. This was the first time since April 2022 that the number was above 1,000. Notably, on November 1, the price of DOGE hit $0.15 for the first time since April.

The site that keeps track of cryptocurrency data says that 880 DOGE holders have more than $1 million in their accounts.

on BitInfoCharts.com, the total balance with at least $10 million or more is 159 addresses

We also found out that on September 11, there were 590 millionaires by using a program that saves online content. This means that the number has almost doubled in less than two months, which is a 77.55% rise.

It’s interesting to note that Dogecoin and its price were going down until Elon Musk went back on his word and said he will buy Twitter.

The wealth of DOGE holders grew, but data shows that over 70% of Bitcoin millionaires lost all of their money over the course of three quarters in 2022.

https://altcoin.ng/over-1000-doge-made-millionaires-after-dogecoin-price-pumped/

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