Home > Information news > Elon Musk’s Peak Failed to Sway Majority of Dogecoin (DOGE) Investors: A Deep Dive

Elon Musk’s Peak Failed to Sway Majority of Dogecoin (DOGE) Investors: A Deep Dive

Release: 2024/05/04 17:21 Reading: 489

Original author:CoinOtag

Original source:https://coinmarketcap.com/community/en/articles/66355298702ce3415f09e675

Elon Musk’s Peak Failed to Sway Majority of Dogecoin (DOGE) Investors: A Deep Dive

Before you reading,Don't miss coins like PEPE again! Click here to find new PEPEs!

Elon Musk's favorite cryptocurrency, Dogecoin, is far from its all-time high price of $0.73 set in 2021.

Despite this, 77% of Dogecoin holders are still in profit, according to IntoTheBlock.

However, Dogecoin isn't 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, it's not the top performing meme coin, with that title currently held by Floki.

Dogecoin Holders Still in Profit

Elon Musk's 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, there's little reason to worry. According to data from IntoTheBlock, 77% of Dogecoin holders are in the money, meaning the cryptocurrency's price is above what it was when they bought it.

Floki Outperforms Dogecoin

While Dogecoin may have a significant number of its holders in profit, it's not the top performing meme coin. That title currently belongs to Floki, an Ethereum-based meme coin, with 8... Read the full article for FREE at COINOTAG!

Selected Topics

  • Dogecoin whale activity
    Dogecoin whale activity
    Get the latest insights into Dogecoin whale activities with our comprehensive analysis. Discover trends, patterns, and the impact of these whales on the Dogecoin market. Stay informed with our expert analysis and stay ahead in your cryptocurrency journey.
  • Dogecoin Mining
    Dogecoin Mining
    Dogecoin mining is the process of adding new blocks of transactions to the Dogecoin blockchain. Miners are rewarded with new Dogecoin for their work. This topic provides articles related to Dogecoin mining, including how to mine Dogecoin, the best mining hardware and software, and the profitability of Dogecoin mining.
  • Spacex Starship Launch
    Spacex Starship Launch
    This topic provides articles related to SpaceX Starship launches, including launch dates, mission details, and launch status. Stay up to date on the latest SpaceX Starship launches with this informative and comprehensive resource.
  • King of Memes: Dogecoin
    King of Memes: Dogecoin
    This topic provides articles related to the most popular memes, including "The King of Memes: Dogecoin." Memecoin has become a dominant player in the crypto space. These digital assets are popular for a variety of reasons. They drive the most innovative aspects of blockchain.