Dracula
@dracz
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Vast Majority of Dogecoin Holders in the Money After Elon Musk Trump Pump
With Dogecoin hitting a six-month high price this week on the back of Elon Musk's Trump rally appearances, most holders are in the green.
More than 85% of Dogecoin holders have seen a positive return on their investment in the Shiba Inu-themed cryptocurrency following the token’s rally earlier this week, according to new data.
Dogecoin is trading at nearly $0.166 as of this writing, up 49% over the last month, CoinGecko data shows. That’s still 77% less than the token’s all-time high price of just above $0.73 set in May 2021.
Nevertheless, some 86% of Dogecoin (DOGE) holders are in the green, meaning the token’s present price exceeds those at which the majority of its investors bought their holdings, IntoTheBlock’s data shows. Another 11% of the token’s holders have lost money on their investments, while three percent of holders have broken even, however.
The canine-inspired meme coin, founded in 2013, has a market ca… 0 reply
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