What about the Shiba Inu (SHIB)?

TL; DR

DOGE and PEPE owners are among the meme coins most commonly found in green.
SHIB is in the opposite corner with more than 50% of its investors sitting on certain paper losses.

DOGE leads the pack.

The meme coin sector is a witness. Huge Reviving earlier this year, its market capitalization exceeded $60 billion. Although it is now back to $40 billion, it is full of tokens that have brought many traders some profit (at least on paper).

Data to TheBlock It shows That Dogecoin (DOGE) – the The biggest meme coin – ranks first in that category. More than 72% are owners. currently In the green, 25% are in water. DOGE is one of the cryptocurrencies. They are mostly occupied. for a long time. According to the latest statistics, 67% hung out in a group a year ago, only 2% did it in the last month.

Next up is another dog themed property – FLOKI. Approximately 70% of the investors are sitting on paper profits, while 27% are recording some losses.

In third place is Mog Coin (MOG), with 61% of its holdings currently in the currency. It has been one of the best performing cat-related meme coins to climb the crypto ladder over the past few months. currently, MOG's market cap is over $500 million, the 125th largest in the industry.

PEPE is fourth, with 56% of owners reporting a return on their initial investment. A frog-themed token is one of the sentiments of this bull cycle. hit New all-time high price at the end of May. Since then, however, PEPE has retreated by about 50%.

What about SHIB?

The second largest meme coin experienced a significant price increase in March this year. to do Over 63% profitable from owner. However, the next fall in the following months changed the situation. Currently, 46% of SHIB investors are green and more than 50% are underwater.

Other meme coins owned primarily in red include Bone (BONE), Coq Inu (COQ), Dogelon Mars (ELON) and MAGA (TRUMP). Donald Trump's stock is down more than 80% from its peak in June, with nearly 87% of investors sitting on some paper losses.