Profitability Prevails: Dogecoin, Shiba Inu, and Pepe Holders Weather Crypto Correction

According to analytics firm IntoThaeBlock, the majority of investors holding memecoins Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE) are still in profit despite a recent market correction. 

Data reveals that 85% of DOGE holders, 62% of SHIB holders, and 69% of PEPE holders are currently seeing gains. Meanwhile, outside the memecoin sector, investors in assets like Cardano (ADA), Polygon (MATIC), and Litecoin (LTC) are facing losses, with only 39% of ADA holders, 14% of MATIC holders, and 37% of LTC holders in profit. Despite market fluctuations, DOGE is trading at $0.16, SHIB at $0.000022, and PEPE at $0.000005, showing slight increases in the last 24 hours. Conversely, ADA is at $0.46, MATIC at $0.70, and LTC at $79.05, with varying degrees of price change.

Clever Robot News Desk 17^th April 2024