Dogecoin Crash in 2025: 41% Fewer Millionaires as Price Tanks
The Dogecoin (DOGE) crash from 2025 has shaken up the crypto world, with fresh data showing that a shocking 41.37% of DOGE millionaire addresses vanished between January and March. The meme coin’s value has plummeted by nearly 50%, tumbling from about $0.34 to just $0.17, and this has happened right around the same time as Elon Musk’s rather controversial Department of Government Efficiency (D.O.G.E.) initiative. At the time of writing, many investors are trying to make sense of this Dogecoin price drop and figure out what might come next. Source: Finbold Also Read: BlackRock CEO Says US Dollar is at Risk of Losing Reserve Status to Bitcoin Dogecoin Price Drop 2025: What’s Driving the Crash & What’s Next? Source: Getty Images Millionaire Wipeout The Dogecoin price drop has hit large (whale) investors the hardest. According to some recent Finbold research, addresses that hold between $1-9.99 million have decreased by around 40.21%, falling from 1,930 to just 1,154...