A number one blockchain analytics agency says that an enormous proportion of Shiba Inu (SHIB) and Floki (FLOKI) holders are underwater.
In keeping with IntoTheBlock, 81% of SHIB holders are sitting on losses, simply 16% are worthwhile and three% are breaking even.
SHIB is buying and selling for $0.00000851 at time of writing, down 90.1% from its all-time excessive of $0.0000861 on October twenty eighth, 2021.
In keeping with the analytics agency, 78% of Floki holders are at a loss,14% are worthwhile and 9% are breaking even.
Floki is price $0.0000315 at time of writing, down 90.6% from its all-time excessive of $0.000336 on November 4th, 2021.
Holders of the dog-themed memecoin Dogelon Mars (ELON) are barely worse off than rival dog-themed memecoins SHIB and FLOKI.
In keeping with IntoTheBlock, 83% of ELON holders are at a loss on their investments, 16% are worthwhile and 1% are breaking even.
ELON is buying and selling for $0.000000209 at time of writing, down 92% from its all-time excessive of $0.00000259 on October thirtieth, 2021.
Two different memecoins are doing comparatively higher.
In keeping with IntoTheBlock, 48% of Dogecoin (DOGE) holders are in revenue, one other 48% are underwater and 4% are breaking even.
DOGE is buying and selling for $0.0717 at time of writing, down 90.2% from its all-time excessive of $0.731 on Could eighth, 2021.
In keeping with the analytics agency, 46% of Pepe (PEPE) holders are within the pink, 28% are seeing income and 26% are breaking even.
Pepe is price $0.00000125 at time of writing, down 70.4% since its all-time excessive of $0.00000431 on Could fifth, 2023.
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