A leading analytics firm shows that the majority of Dogecoin (DOGE) holders are now seeing gains after its strong performance this month.
IntoTheBlock reveals that 62% of Dogecoin owners are in the green with 36% nursing losses and 2% breaking even.
The top Shiba Inu (SHIB) competitor is witnessing bullish price action this month, rallying from a 2023 open of $0.068 to its current price of $0.090, marking gains of over 32% in about three weeks.
Despite this month’s bounce, DOGE is still down more than 87% from its all-time high, which it hit in May 2021.
IntoTheBlock also reveals that 73% of DOGE owners have held the leading meme coin for more than a year, while only 3% have bought Dogecoin over the last