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

Bibhu Pattnaik

19 Mar 2023 2:47 PM

Leading blockchain analytics firm IntoTheBlock has reported that Dogecoin (CRYPTO: DOGE) holders are in profit while Shiba Inu (CRYPTO: SHIB) holders are underw...

  • 56% of Dogecoin holders are profitable, 34% are sitting on losses, and 10% are breaking even
  • 29% of Shiba Inu holders are profitable, and 67% are underwater
  • DOGE was trading at $0.0741, up by 12% in the last week, while SHIB was trading at $0.00001079, only 5% up over the previous seven days
  • Own The Doge DAO has planned a pilgrimage to Japan to meet the original Doge and its owner in May
  • SHIB developer Shytoshi Kusama announced a beta version of the highly anticipated layer-2 scaling solution Shibarium

The article provides a neutral tone in reporting the current situation of Dogecoin and Shiba Inu holders. It also presents positive developments for both cryptocurrencies, such as the planned pilgrimage of Own The Doge DAO and the beta version of Shibarium.

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Related Questions

What percentage of Dogecoin holders are profitable?
What is the current trading price of DOGE and SHIB?
What is Shibarium and who announced its beta version?
What is Own The Doge DAO and what is its plan in May?
How many Shiba Inu holders are currently underwater?

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