What percentage of DOGE owners are making money?

Dogecoin, the world’s biggest meme cryptocurrency (DOGE), is making waves for its recent crash. This meme coin had one of the best performances in 2024. In this time, the asset rose from $0.08083 up to $0.4835. DOGE crashed to $0.1315, interrupting this upward trend. A recent report revealed that DOGE investors were making significant gains despite the fact that this asset is struggling to perform.

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Dogecoin price chart – A look at the current value of Dogecoin

Dogecoin suffered a similar major decline as the rest of market. Recent data shows that the value of the asset has dropped by almost 6% over the last 24 hours. DOGE traded at $0.1455 when this article was written. Meme coin reached a peak of $0.17 at the beginning of this month, but it failed to sustain momentum.

Glassnode maintains that despite this latest crash certain assets still make money on their majority supply. On-chain analytics platform tweeted about both high-profit and low-cost cryptocurrency assets. Dogecoin’s supply still remained above water at more than 50%, which was the mid-range. A network’s total coins in which the price of each coin is currently higher than its last movement is called the “supply in profit”. Dogecoin’s profit margin, which is 50.8% with almost the same incentives for selling or keeping it, may be indicative of a neutral investor group.

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April 2025 Prediction

In the coming days, it is predicted that meme coins will experience a bullish trend. Data from CoinCodex indicates that DOGE will rise by 145% in the next few days. The spike will be noticeable as the meme coin reaches a maximum of $0.3617.

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