DOGE Emerges as the Most Profitable Meme Coin with 55.17% Holders in Profit

  • 📰 CryptoAmb
  • ⏱ Reading Time:
  • 29 sec. here
  • 10 min. at publisher
  • 📊 Quality Score:
  • News: 43%
  • Publisher: 68%

Cryptocurrency News

DOGE,Meme Coin,Profit

DOGE stands out in the memecoin space as the asset with the highest proportion of holders in profit, with approximately 55.17%. Its all-time performance and the phenomenon of HODL contribute to its profitability. DOGE has also outpaced FLOKI and SHIB due to its strong performance in October.

Meme coins, like other cryptocurrencies in the market, have had a relatively good show since the year began. But on the top of the chain is DOGE stands out in the memecoin space as the asset with the highest proportion of holders in profit, with approximately 55.17%. One reason for having these holders in profit was because of DOGE ’s all-time performance , especially its run during the 2021 bull run. On an all-time basis, the meme coin ’s performance showed a 65,393% increase.

This year, DOGE saw an increase of 21.60%. By comparing both data, one can assume that it is better to HODL DOGE than to trade it for short-term gains. HODL is an acronym for Hold On to Dear Life. It is a phenomenon that involves keeping a cryptocurrency for the long term irrespective of price swings. Another reason DOGE has outpaced both FLOKI and SHIB could be linked to the repeat of its usual “Uptober” performance. Though Dogecoin had a slow start to the month, it eventually found this October strong with a double-digit hike. had risen to $12.09 billio

DOGE Meme Coin Profit All-Time Performance HODL FLOKI SHIB October Performance

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 22. in CA

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Highway collisions disrupt trafficOntario 511 reported collisions on Highways 102, 17, and 11/17
Source: tbnewswatch - 🏆 75. / 51 Read more »

Young Canadians fall 3-0 to Uzbekistan at FIFA U-17 World Cup in IndonesiaSURAKARTA, Indonesia — Canada fell to 0-2-0 at the FIFA U-17 World Cup on Monday, blanked 3-0 by Uzbekistan. The young Canadians sank to the bottom of Group B after failing to win for the 23rd time (0-19-4) in eight trips to the tournament.
Source: PGCitizen - 🏆 65. / 51 Read more »

Young Canadians fall 3-0 to Uzbekistan at FIFA U-17 World Cup in IndonesiaSURAKARTA, Indonesia — Canada fell to 0-2-0 at the FIFA U-17 World Cup on Monday, blanked 3-0 by Uzbekistan. The young Canadians sank to the bottom of Group B after failing to win for the 23rd time (0-19-4) in eight trips to the tournament.
Source: SooToday - 🏆 8. / 85 Read more »

Remembering Quillan Roberts' historic goal for Canada at 2011 FIFA U-17 World CupCanada, which opens play Friday against Spain at the FIFA U-17 World Cup in Indonesia, has scored just 10 goals in its previous seven trips to the youth showcase. But one of those made history.
Source: SooToday - 🏆 8. / 85 Read more »

Remembering Quillan Roberts' historic goal for Canada at 2011 FIFA U-17 World CupCanada, which opens play Friday against Spain at the FIFA U-17 World Cup in Indonesia, has scored just 10 goals in its previous seven trips to the youth showcase. But one of those made history.
Source: BurnabyNOW_News - 🏆 14. / 77 Read more »

Halifax boy, 17, elects Supreme Court jury trial on manslaughter chargeExplore stories from Atlantic Canada.
Source: SaltWire Network - 🏆 45. / 63 Read more »