a new analysis from an analytics firm shows that billions of dogecoin dogeusd are now in the hands of longterm investors who plan to hold the meme coin what happened data from intotheblock’s shows that longterm holders who have held dogecoin for more than a year are amassing over 376 billion currently these holders have 448 billion doge in their supply see more top indian apps that give bitcoin nft rewards as per intotheblock’s market intelligence platform the number of doge holders has reached an alltime high of 318 million addresses representing 7466 of all dogecoin wallets the trend indicates that doge’s investor base has been steadily increasing since the beginning of the year the data analytics platform reveals that 61 of doge holders are in profit while 34 are in the red with only 5 breaking even just recently elon musk‘s lawyers have filed a motion in the manhattan federal court to dismiss a lawsuit that accuses the tesla ceo of operating a pyramid scheme to prop up dogecoin reuters reported on friday the lawsuit brought about by dogecoin investors is a fanciful work of fiction that is based on his innocuous and often silly tweets about the meme coin the lawyers reportedly wrote in a court filing late friday price action at the time of writing doge was trading at 0077 down 827 in the last 24 hours according to benzinga pro data read more bitcoin ethereum dogecoin slide as investors await jobs data apex crypto may go below 25k ‘one last time’ if this happens says analyst