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Dogecoin Leads Meme Coins With 42% of Its Holders in Profit: Report 3m ago by coinedition.com

IntoTheBlock report lists Dogecoin as the meme coin network with highest percentage of holders in profit.

PEPE comes second with 21% in profit, while Doge Killer has 19% of its owners holding profitably.

Shiba Inu sits in fifth place with 11% of owners in profit and a 63% whales concentration. 

Blockchain data analytics platform IntoTheBlock, in a recent report, revealed that 42% of popular meme coin Dogecoin holders are in profit. The report which compares the top 6 popular meme coins shows that DOGE has the highest percentage of holders in profit.

Ever wondered how meme coins compete on important metrics? Dive into our latest infographic where we break down the performance of 6 popular meme coins, analyzing holder profits and whale concentration.#Dogecoin #Pepe #LEASH #SHIB #FLOKI #ELON pic.twitter.com/Di5vbyo3PZ

— IntoTheBlock (@intotheblock) September 8, 2023

Notably, the report analyzes the top 6 meme coins, including Dogecoin (DOGE), Pepe (PEPE), Doge Killer (LEASH), Dogelon Mars (ELON), Shiba Inu (SHIB) and Floki (FLOKI). In addition to checking the percentage of holders in profit, the report also showed the whales concentrations on each of the net…

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