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โญ๏ธ ๐๐น๐ผ๐ป ๐ ๐๐๐ธโ๐ ๐ฃ๐ฒ๐ฎ๐ธ ๐๐ฎ๐ถ๐น๐ฒ๐ฑ ๐๐ผ ๐ฆ๐๐ฎ๐ ๐ ๐ฎ๐ท๐ผ๐ฟ๐ถ๐๐ ๐ผ๐ณ ๐๐ผ๐ด๐ฒ๐ฐ๐ผ๐ถ๐ป (๐๐ข๐๐) ๐๐ป๐๐ฒ๐๐๐ผ๐ฟ๐: ๐ ๐๐ฒ๐ฒ๐ฝ ๐๐ถ๐๐ฒ
๐ธ Elon Muskโs favorite cryptocurrency,ย Dogecoin, is far from its all-time high price of $0.73 set in 2021.
๐ธ Despite this, 77% of Dogecoin holders are still in profit, according to IntoTheBlock.
๐ธ However, Dogecoin isnโt 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, itโs not the top performing meme coin, with that title currently held by Floki.
๐บ ๐๐ผ๐ด๐ฒ๐ฐ๐ผ๐ถ๐ป ๐๐ผ๐น๐ฑ๐ฒ๐ฟ๐ ๐ฆ๐๐ถ๐น๐น ๐ถ๐ป ๐ฃ๐ฟ๐ผ๐ณ๐ถ๐
Elon Muskโs 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, thereโs little reason to worry. According to data from IntoTheBlock, 77% of Dogecoin holders are in the money, meaning the cryptocurrencyโs price is above what it was when they bought it.
๐บ ๐๐น๐ผ๐ธ๐ถ ๐ข๐๐๐ฝ๐ฒ๐ฟ๐ณ๐ผ๐ฟ๐บ๐ ๐๐ผ๐ด๐ฒ๐ฐ๐ผ๐ถ๐ป
While Dogecoin may have a significant number of its holders in profit, itโs not the top performing meme coin. That title currently belongs to Floki, an Ethereum-based meme coin, with 83% of its holders situated in the money. On the other hand, 60% of Shiba Inu holders have profits on paper, while 75% of holders for the meme coin Pepe are in the green.
๐บ ๐ ๐ฒ๐บ๐ฒ ๐๐ผ๐ถ๐ป๐: ๐๐ถ๐ด๐ต ๐ฅ๐ถ๐๐ธ, ๐๐ถ๐ด๐ต ๐ฅ๐ฒ๐๐ฎ๐ฟ๐ฑ
Meme coins, which often offer little to no utility and move mostly on vibes, can lead to outsized returns for some traders. However, they also come with significant risks, as the crypto market is known for its hallmark volatility. Despite this, the popularity of meme coins continues to grow, with new ones regularly appearing on the market.
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