Dogecoin: Most Holders Still in Profit Despite a Bearish Trend – Is the Meme Coin Going Full Bear?
Investors in Dogecoin, a memecoin known for its volatility, are experiencing mixed emotions as the cryptocurrency’s market behavior remains unpredictable. While Dogecoin saw a modest gain of 8% amidst the hype surrounding a spot Ethereum ETF, its current chart reflects a bearish trend, prompting speculation about the future of the world’s largest meme crypto. According to data from IntoTheBlock, a significant majority (83%) of Dogecoin holders are currently profitable at the coin’s current price, indicating …