How many who have invested in Dogecoin have the status of profit?

Original author：CRYPTO NEWS 24

Original source：https://www.youtube.com/embed/Nu3E0Zx7pdA

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Hello friends! Dogecoin is one of the oldest and most popular cryptocurrencies on the crypto market. In 2021, Elon Musk took advantage of his popularity to show support for the leading meme coin, which attracted many investors to the project.

In particular, thanks to the growth of bitcoin, according to IntoTheBlock on November 25, currently more than half of all investors in Dogecoin had a profitable position. In particular, 57% of the addresses where DOGE is stored are "in the money". This means that these investors in Dogecoin bought DOGE at a price lower than the current $0.07.

Interestingly, 73% of all investors in Dogecoin hold their coins for more than a year. 27% of DOGE holders own tokens for less than one year, and 4% have balances for less than one month. Interestingly, the concentration of large holders has been noticeable lately. 65% of all Dogecoin addresses are classified by IntoTheBlock specialists, either investors or whales.

Investors account for more than 0.1% of DOGE's current assets and cryptocurrencies own at least 1%. Despite the fact that 57% of all investors in Dogecoin are in profit, 38% have received losses, and 5% have reached the break-even point. What do you think about it, write in the comments.