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Are the majority of Dogecoin holders now profitable? 

Jan 27 at 05:13
Vistas 373
3 Replies
Miembro desde Dec 08, 2022   posts 14
Jan 27 at 05:13
Almost 62% of dogecoin holders are in the green; however, 36% are nursing losses and 2% break even. According to CoinPedia's dogecoin price prediction, it has performed well this month, rising 32% from its 2023 open of $0.068 to its current price of $0.090.Despite this month's rally, DOGE is still down 87% from its all-time high in May 2021. Whereas 73% of Dogecoin holders have held the leading coin for over a year, only 3% have brought in the last month.

It will be interesting to see how dogecoin performs in the coming days; will dogecoin be a good investment in 2023? 
Miembro desde Jan 27, 2023   posts 19
Feb 14 at 14:53
74% of Dogecoin owners are now profitable.
Additionally, on-chain trackers show that 74% of DOGE owners have kept their tokens for more than a year. 23%, on the other hand, have been using their coins for the most of the last year.
Miembro desde Feb 15, 2023   posts 3
Feb 28 at 08:33
It is difficult to determine the exact number of Dogecoin holders who are currently profitable, as it depends on various factors such as the purchase price, the holding period, and the current market price of Dogecoin. However, it is safe to say that a significant number of Dogecoin holders are currently profitable, especially those who purchased the cryptocurrency during the early stages of its rise.

Dogecoin experienced a significant increase in value in early 2021, with its price surging from less than $0.01 in January to an all-time high of around $0.68 in May. This rise was fueled by various factors, including endorsements from high-profile figures such as Elon Musk and increased interest from retail investors.
Miembro desde Jul 01, 2023   posts 1
Jul 07 at 10:11
Wish i could remember where i stored all my faucet dogecoin! xD
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