11/26/2022 | The Daily Hodl
Most Dogecoin Holders in Profit As Bitcoin, Ethereum, Shiba Inu, Polygon Investors Nurse Losses: IntoTheBlock
Crypto insights firm IntoTheBlock finds that the majority of those invested in leading meme token Dogecoin (DOGE) are in profit while holders of other large crypto assets are weathering losses.
At time of writing, 57% percent of all DOGE holders are in profit, while 37% are underwater and 6% are breaking even.
On the contrary, the majority of Bitcoin (BTC), Ethereum (ETH), Shiba Inu (SHIB), Polygon (MATIC) and Litecoin (LTC) holders are all nursing losses.
At time of writing, DOGE is changing hands for $0.092, up nearly 15% in the 24 hours. However, the leading meme token remains down over 87% from its all-time high. Volatility for DOGE is also up over 200% in the last 30 days, according to IntoTheBlock.
A recent survey conducted by the crypto education site CoinKickOff found that Dogecoin holders were among the least “stressed” out of all digital asset investors. According to the survey, DOGE holders were ranked in 28th place as the least stressed out.
Holders of FTT, the native token of the recently bankrupted crypto exchange FTX, were ranked as the number one most stressed-out cohort of investors as of November 17th.
Holders of stablecoin Tether (USDT), Bitcoin, Cardano (ADA), XRP and Ethereum followed FTT holders in terms of most stressed out, in that order.