CoinGecko Now Tracks Dogecoin ($DOGE) Treasuries

CoinGecko has added a new feature to explore Dogecoin ($DOGE) treasuries. The platform now offers detailed information about publicly traded companies and governments holding DOGE, including total holdings, current value and activity for the past 30 days. This feature contributes to transparency for investors and helps track the institutional involvement in Dogecoin.

Significance of DOGE Treasury Tracking

Right now, CoinGecko is tracking two entities that hold DOGE in two nations. The total number of DOGE in circulation is 355,963,745 coins worth about $89.9 million USD. For the last 30 days, the value of these holdings rose by 30.8%, which is 0.24% of the total DOGE supply. The largest holder is CleanCore Solutions (ZONE.US), with 285,420,000 DOGE, and Bit Origin (BTOG.US) with 70,543,745 of the token. The data also shows that CleanCore added more than 285 million of those in the past month, while Bit Origin’s holdings stayed the same.

Market Overview

The platform combines tracking on multiple blockchains such as Bitcoin, Ethereum, and Solana. CoinGecko also provides API access to developers and integrates with popular blockchain tools such as MetaMask, Etherscan, Ledger, Crypto.com, and Chainlink. This transparency enables investors to understand which institutions are accumulating DOGE, which can potentially affect market sentiment. The increasing institutional interest, along with Elon Musk’s historical influence and approvals for Dogecoin ETFs, reflects a maturing DOGE market.

At present, the current price of Dogecoin is about $0.2402 USD. Its substantial market capitalization and high liquidity are indicative of the strong investor activity. The addition of treasury tracking is a valuable tool for tracking the behavior of large holders, which could impact strategic trading decisions and overall market trends for DOGE.