I think this coin is too big to be destroyed by a single person. With a great community like this and some hope, we should be fine. Yes he is bound to make profit on his (as I assume) undeserved money, so he can buy some more hookers and private jets(or whatever these disproportionately rich people do), but in the end this is something that all coins will be prone to, and looking at the spread of wealth in general, bitcoin is the only coin with a better distribution than doge.
He wont destroy it alone, because he doesnt have to. But once he starts selling the rest will panic and the thing will be absolute chaos heh! 40 billion doge trading back and forth as everyone tries to combat cryptsys lag and figure out where the new bottom is. Christ, by the time the dust settles he could make off with his $10 million original investment and still end up with another 2 billion doge in his account to play the whole game again.
The only saving grace i think is that he wont sell them all at once - it would lower his profits. And the longer he leaves it the less impact it should have on things (as hell own a small % of coins).
Let it all play out though - im sure every crypto just about has massive hoarders like this hidden somewhere.
