Elon Musk’s Peak Failed to Sway Majority of Dogecoin (DOGE) Investors: A Deep Dive
- Elon Musk’s favorite cryptocurrency, Dogecoin, is far from its all-time high price of $0.73 set in 2021.
- Despite this, 77% of Dogecoin holders are still in profit, according to IntoTheBlock.
- However, Dogecoin isn’t the top performing meme coin, with Floki boasting 83% of holders in profit.
Despite a significant drop from its all-time high, a majority of Dogecoin holders are still in profit. However, it’s not the top performing meme coin, with that title currently held by Floki.
Dogecoin Holders Still in Profit
Elon Musk’s favorite cryptocurrency, Dogecoin, may be far from its all-time high price of $0.73 set in 2021, but for a majority of its holders, there’s little reason to worry. According to data from IntoTheBlock, 77% of Dogecoin holders are in the money, meaning the cryptocurrency’s price is above what it was when they bought it.
Floki Outperforms Dogecoin
While Dogecoin may have a significant number of its holders in profit, it’s not the top performing meme coin. That title currently belongs to Floki, an Ethereum-based meme coin, with 8... Read the full article for FREE at COINOTAG!
