Who’s Still Up? Here Are The Top Memecoins with Most Holders in Profit Amid Crypto Chaos

Resilience Among Memecoins: IntoTheBlock Report

A recent report by IntoTheBlock, a leading crypto analytics firm, highlights the resilience of memecoins amidst the broader market downturn. The report indicates that several memecoins have not only survived but are thriving, with a majority of holders remaining in profit.

Strong Performance Despite Volatility

The analytics provided by IntoTheBlock show a surprising defiance of market trends by memecoins, which are often driven by social media trends and celebrity endorsements. This resilience is particularly notable given their speculative and volatile nature.

Top Performers

According to the report, Mog Coin ($MOG) and Pepe ($PEPE) have the highest percentages of holders in profit at 85.5% and 78.53%, respectively. Other notable performers include Floki ($FLOKI) with 78.41% and Dogecoin ($DOGE) with 75% of holders profiting.

Emerging Trends

Even lesser-known memecoins like Wojak ($WOJAK) and Turbo ($TURBO) have significant portions of their holders in profit, indicating a trend where emerging memecoins can quickly gather a following.

Challenges and Variability

However, not all memecoins are performing equally well. Turbo ($TURBO) and Volt Inu ($VOLT) have less than half of their holders in profit, demonstrating the variability in profitability among memecoins. Factors such as community engagement, tokenomics, and market positioning influence their success.