Despite the Sharp Fall in Bitcoin, These Altcoins Are Making Profit for Their Investors!

Memecoin Investors Remain Profitable Despite Market Decline

Despite the recent downturn in the cryptocurrency market, many memecoin investors continue to profit. IntoTheBlock data shows that a significant percentage of Dogecoin (DOGE), Pepe Coin (PEPE), and MOG (MOG) holders are still in the green.

MOG investors lead the sector with an impressive 85.5% profitability rate. PEPE follows closely behind with 78.53%, and Floki Inu (FLOKI) is at 78.41%. Dogecoin stands at 75% profitability.

Even Shiba Inu (SHIB), a popular dog-themed memecoin, remains resilient. 51.83% of SHIB investors are still profitable. Donald Trump-themed memecoin MAGA also ranks among the top profit-makers with a rate of 29.44%.

" This chart illustrates the percentage of holders in profit across various memecoins. Despite a general market downturn, many memecoins still have a significant portion of their holders in profit. $MOG and Pepe $PEPE lead the space with the highest percentages of profitable holders. Traditional favorite memecoins such as DOGE and SHIB continue to show resilience, with a significant number of investors profiting," IntoTheBlock tweeted.

While some memecoin investors are reaping profits, the overall market has seen a decline in prices. In the past 24 hours, Dogecoin has risen by 6.7%, SHIB by 7.2%, and MOG by 2.7%. PEPE has experienced a 6.4% drop.

Disclaimer: This content does not constitute financial advice.