In today’s crypto world, Dogecoin is one of the popular cryptocurrencies that was launched in 2013. It uses the image of a Shiba Inu dog to present its logo. The value of Dogecoin was boosted with the support from Elon Musk who is the CEO of Tesla and endorsed the crypto meme from February 2021. As per the report of CoinMarketCap, one Dogecoin’s current value is $0.35 which is around Rs 26 in India. However, like others, Dogecoin cryptocurrencies are also marred with ‘whales’ as very few people are holding the majority of such coins.