Despite the fact that Dogecoin remains down nearly 90% from its May 2021 peak of around $0.73,52% of Dogecoin addresses are in profit on their DOGE investments despite the recent decline in the cryptocurrency’s price.
52% of Dogecoin addresses are profiting, 46% of the remaining addresses are at a loss, and barely 2% are breaking even. Compared with Bitcoin and other altcoins, Dogecoin seems to be holding well in this regard:Reports.
Dogecoin rebounded from lows of $0.04 on June 18 and recorded six out of nine days of positive price action.
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