
Crypto Firm Exodus Drains 63% Of Its Bitcoin Reserves As Q1 Loss Doubled Year Over Year
Exodus Movement sells over 1,000 Bitcoin, reducing reserves by 63% as revenue drops significantly.

Dogecoin's market capitalization is $16.51 billion, over 8 times larger than the entire NFT market cap of $1.97 billion. This highlights Dogecoin's significant position among top cryptocurrencies.
Mentioned in this story
In a recent tweet, crypto ranking platform CoinGecko shares a fun fact about the first and largest dog cryptocurrency, Dogecoin (DOGE).
CoinGecko noted that Dogecoin is over 8x the entire NFT market cap. Currently sitting among the top ten cryptocurrencies by market capitalization, DOGE has a market capitalization of $16.51 billion. This significantly surpasses (more than 8x) that of the NFT market, which is currently $1.97 billion according to CoinGecko data.
Fun Fact: $DOGE has over 8x the entire NFT market cap 🐶 pic.twitter.com/ktRjPXjei4
— CoinGecko (@coingecko) May 8, 2026
The NFT market cap has shrunk compared to that seen at the peak of its boom. The NFT boom from about 2021 to 2022 saw non-fungible tokens enter mainstream culture, reaching $2.9 billion in sales in 2021 before falling. NFT trading volume is slightly above $1.6 million in the last 24 hours.
Dogecoin was originally created as a joke in late 2013 by Billy Markus and Jackson Palmer. Both thought that cryptocurrency was being taken far too seriously and wasn't much fun. On December 6, 2013, Dogecoin was launched, taking its cue from the famous Doge meme.
Despite the NFT market representing thousands of individual projects, collections, and platforms, DOGE's total market cap sits well above the combined valuation of the NFT market, which is noteworthy.
This just goes to show how resilient Dogecoin is, as it has weathered the storm of both bear and bull cycles over time and has been in the top ten cryptocurrencies by market cap for years now.
Dogecoin is furthering its quantum readiness with various experiments, some of which have already been revealed.
Dogecoin's current market capitalization is $16.51 billion.
Dogecoin's market cap is over 8 times larger than the NFT market cap, which is currently $1.97 billion.
The NFT market cap has shrunk from its peak due to a significant drop in trading volume and interest since the boom period of 2021 to 2022.

Exodus Movement sells over 1,000 Bitcoin, reducing reserves by 63% as revenue drops significantly.

CoinMarketCap warns crypto users about fake 'CMC Tokens' scams!

XRP breaks $1.46 despite futures selling; market dynamics reveal complexities.

Bitcoin remains strong against inflation, eyeing $93,500 as buyers dominate.

21Shares' $THYP Hyperliquid ETF Debuts with $1.8M in Volume

XRP reaches a milestone with 332,230 wallets holding at least 10,000 XRP!
See every story in Crypto — including breaking news and analysis.
One of these is the ZK carrier on Dogecoin mainnet. This will be a post-quantum carrier carrying zero-knowledge proofs, having real transactions and no consensus changes.
The ZK carrier represents a staged path for introducing zero-knowledge (ZK) proof support in transactions.
Likewise, the DogeBox Post Quantum Secure Dogecoin Wallet PUP marketplace has gone live, allowing users to easily find and share Dogecoin Apps built by the Doge Community for DogeBox. The Quantum Dogecoin Explorer also went live at April's close, allowing users to learn and manually verify post-quantum secure transactions on the Dogecoin mainnet.