Dogecoin (DOGE) has witnessed a notable decline in value over the past year, leading to a significant reduction in the number of accounts holding more than $1 million in this cryptocurrency. 

Dogecoin(DOGE)은 지난 1년 동안 가치가 눈에 띄게 하락하여 이 암호화폐를 100만 달러 이상 보유하고 있는 계정 수가 크게 감소했습니다.

The latest figures contrast substantially with 2022 when the number of addresses holding the meme coin was above 1,000.

최신 수치는 밈 코인을 보유한 주소 수가 1,000개를 넘었던 2022년과 크게 대조됩니다.

As of November 13, the number of DOGE addresses possessing over $1 million stood at 635, a decline from the 1,046 addresses on November 1, 2022.

548 DOGE holders currently maintain a balance of $1 million or more. Additionally, there are 87 addresses with a balance exceeding $10 million, according to data from BitInfoCharts.com.

현재 548명의 DOGE 보유자가 100만 달러 이상의 잔고를 유지하고 있습니다. 또한 BitInfoCharts.com의 데이터에 따르면 잔고가 1,000만 달러를 초과하는 주소가 87개 있습니다.

A decline in the number of DOGE millionaires could be tied to a significant drop in the asset’s value over the past year. The value plummeted by almost 50% during this period, from $0.15 on November 1, 2022 to $0.08. This bearish sentiment correlates with the decreased interest in meme coins such as Pepe (PEPE), Shiba Inu (SHIB), and Floki (FLOKI).

DOGE 백만장자 수의 감소는 지난 1년 동안 자산 가치가 크게 하락한 것과 관련이 있을 수 있습니다. 이 기간 동안 가치는 2022년 11월 1일 0.15달러에서 0.08달러로 거의 50% 급락했습니다. 이러한 약세 정서는 Pepe(PEPE), Shiba Inu(SHIB) 및 Floki(FLOKI)와 같은 밈 코인에 대한 관심 감소와 관련이 있습니다.

A significant decrease in Dogecoin’s value has reduced the number of addresses holding over $1 million, dropping from 887 to 548. Similarly, those with holdings exceeding $10 million have decreased from 160 to 87.

Dogecoin의 가치가 크게 감소하면서 100만 달러 이상을 보유하는 주소 수가 887개에서 548개로 줄었습니다. 마찬가지로 1,000만 달러를 초과하는 주소를 보유한 주소도 160개에서 87개로 감소했습니다.

It’s essential to note that a feature of this asset is that a single holder can possess multiple addresses, which could lead to the current count being subject to further inaccuracies due to this factor.

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Dogecoin price analysis

At the time of press, DOGE was changing hands at $0.08, marking an -1.75% decrease over the 24-hour period, contrary to the gains made over the 7-day period, which amounted to 8.00% positive change in value and those made over the 30-day period that added up to 32.78% added value.

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Current data represent a decrease of this asset from its all-time high of -89%, with it being outperformed by 80% of the top 100 crypto assets in the previous year.

현재 데이터는 이 자산이 사상 최고치인 -89%에서 감소했음을 나타내며, 전년도 상위 100개 암호화폐 자산 중 80%를 능가합니다.

However, not everything looks bleak for DOGE. In the previous month, it experienced 20 green days while trading above the 200-day moving average.

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