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Are the majority of Dogecoin holders now profitable?
Jan 27, 2023 at 05:13
857 Views
7 Replies
Member Since Dec 08, 2022
13 posts
Jan 27, 2023 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?
It will be interesting to see how dogecoin performs in the coming days; will dogecoin be a good investment in 2023?
Member Since Feb 15, 2023
2 posts
Feb 28, 2023 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.
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.
Member Since Jul 01, 2023
2 posts
Jul 07, 2023 at 10:11
Wish i could remember where i stored all my faucet dogecoin! xD
Member Since Jul 22, 2024
21 posts
Jul 30, 2024 at 12:31
In order to make the most of this bull run, it's important for all of us to carefully position ourselves by conducting thorough research on promising coins.
Member Since May 08, 2023
97 posts
Aug 08, 2024 at 05:57
Whoever bought this coin early, is a rich person now. Regardless of the latest changes.
Member Since Oct 11, 2024
2 posts
Oct 11, 2024 at 08:27
Unfortunately, I'm in the red zone. fomo is a bad thing.
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