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Majority Of Dogecoin Holders In Profit, While 67% Of Shiba Inu Owners Are Underwater

Mar 21, 2023 · 1 min read · 80 points
Majority Of Dogecoin Holders In Profit, While 67% Of Shiba Inu Owners Are Underwater
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Leading blockchain analytics firm IntoTheBlock has reported that Dogecoin (CRYPTO: DOGE) holders are in profit while Shiba Inu (CRYPTO: SHIB) holders are underw

Highlights

  • Leading blockchain analytics firm IntoTheBlock has reported that Dogecoin DOGE/USD holders are in profit while Shiba Inu holders are underwater.
  • Sixteen percent of DogeCoin holders are profitable from their investment, 34% are sitting on losses, 10% are breaking even.
  • A decentralized autonomous organization (DAO) that supports Doge has planned a pilgrimage to Japan to meet the original Doge and its owner in May.
  • The Own The Doge DAO, known for its non-fungible tokens, said it had planned a trip to Japan.
  • At the same time, SHIB was trading at $0.00001079, only 5% up over the previous seven days.

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