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Dogecoin Holdings

Definition

Dogecoin Holdings refer to the total amount of the Dogecoin cryptocurrency owned by a specific entity, such as an individual, exchange, or investment fund. Tracking these holdings provides insights into the distribution of the token and the influence of large holders, often termed “whales.” Significant shifts in Dogecoin holdings can correlate with notable price movements and market sentiment. Analysis of these holdings is a common practice in cryptocurrency market observation.