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
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