Are the majority of Dogecoin holders now profitable? 

Jan 27, 2023 at 05:13
795 Angesehen
7 Replies
Mitglied seit Dec 08, 2022   14 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? 
Mitglied seit Jan 27, 2023   19 Posts
Feb 14, 2023 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.
Mitglied seit Feb 15, 2023   3 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.
Mitglied seit Jul 01, 2023   1 Posts
Jul 07, 2023 at 10:11
Wish i could remember where i stored all my faucet dogecoin! xD
Mitglied seit Jul 22, 2024   21 Posts
Jul 30 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.

Mitglied seit May 08, 2023   93 Posts
Aug 08 at 05:57
Whoever bought this coin early, is a rich person now. Regardless of the latest changes.
Mitglied seit Sep 11, 2024   3 Posts
Sep 11 at 06:31
Good and best information.
Mitglied seit Oct 11, 2024   2 Posts
Oct 11 at 08:27
Unfortunately, I'm in the red zone. fomo is a bad thing.
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