Crypto intelligence firm IntoTheBlock finds that the majority of those invested in leading meme token Dogecoin (DOGE) are making profits while holders of other major crypto assets are experiencing losses.
At the time of writing, 57% of all DOGE holders are profitable, while 37% are underwater and 6% break even.
On the contrary, the majority of Bitcoin (BTC), Ethereum (ETH), Shiba Inu (SHIB), Polygon (MATIC), and Litecoin (LTC) holders are all nursing losses.
As of this writing, DOGE is changing hands for $0.092, up almost 15% in 24 hours. However, the major meme token remains down more than 87% from its all-time high. DOGE’s volatility has also increased by more than 200% in the past 30 days, according to IntoTheBlock.
A recent survey by 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 28th as the least stressed.
Holders of FTT, the native token of recently bankrupt crypto exchange FTX, were ranked as the most stressed cohort of investors as of November 17.
Stablecoin holders Tether (USDT), Bitcoin, Cardano (ADA), XRP and Ethereum trailed FTT holders in terms of stress, in that order.
Don’t miss a beat – Subscribe to receive crypto email alerts straight to your inbox
Check price action
follow us on TwitterFacebook and Telegram
Surf the Daily Hodl Mix
 
Disclaimer: Opinions expressed on The Daily Hodl are not investment advice. Investors should do their due diligence before making high-risk investments in Bitcoin, cryptocurrency or digital assets. Please note that your transfers and transactions are at your own risk and any loss you may incur is your responsibility. The Daily Hodl does not recommend the buying or selling of cryptocurrencies or digital assets, nor is The Daily Hodl an investment adviser. Please note that The Daily Hodl engages in affiliate marketing.
Featured image: Shutterstock/jamesteohart/MrArtHit
