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While Binance has added a “proof of assets” wallet for Dogecoin on BNB Chain, DOGEBSC remains among the most popular smart contracts.
Twitter user @mishaboar has shared the news that the proof of assets wallet with DOGE that backs the DOGE-BSC supply on Binance has finally appeared, as promised by the head of the exchange, Changpeng Zhao, on May 16.
Now, the Dogecoin community will be able to see that DOGE on the BNB Chain (formerly known as Binance Smart Chain, BSC) is indeed fully backed by the original meme cryptocurrency.
More than 649,132 addresses on Binance Smart Chain hold wrapped DOGE.
The wallet contains 1,400,000,000 Dogecoin that back wrapped DOGE on BSC. Apart from that, proof of assets wallets have been added for all other wrapped tokens – Bitcoin, Ethereum, XRP, etc.
Indeed, @Binance finally added a link to a #Dogecoin wallet containing Proof of Assets for for their BSC-Doge.
A few early notes about this.https://t.co/stK5JJjRut
WhaleStats platform has reported that DOGE-BSC is now among the top 10 most used smart contracts on the BNB Chain (BSC). Apart from Dogecoin, this list includes BabyDoge and other altcoins.
JUST IN: $HVT @HyperVerse6 once again a MOST USED smart contract among top 100 #BSC whales in 24hrs 🐳
Whale leaderboard: https://t.co/0SYnjw0xQs#HVT #whalestats #babywhale #BBW pic.twitter.com/uafgDzaxeF
Overall, the top 100 BSC whales’ wallets now hold $16,863,114 in DOGE, which is 1.19% of their portfolio. The most popular meme coins wrapped on BSC are also included in the top 10 list of small cap holdings with an average amount of 1,952,203 DOGE held by investors.
Yuri is a crypto journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects. ‘Hodls’ major cryptocurrencies and has written for multiple crypto media outlets.
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