According to Odaily, despite the current market downturn, a significant portion of Memecoin holders are still making profits. Data disclosed on the X platform by IntoTheBlock reveals that MOG and PEPE have the highest percentage of profitable holders, at 85.5% and 78.53% respectively. They are followed by FLOKI. Traditional Memecoin projects such as DOGE and SHIB have also demonstrated resilience, with a considerable number of holders making profits.
This information suggests that even in a bearish market, certain cryptocurrencies can still provide profitable opportunities for investors. The resilience of these Memecoins could be attributed to their strong community support and the speculative nature of these assets. However, it's important to note that investing in cryptocurrencies, especially Memecoins, involves a high level of risk due to their volatile nature. Investors should therefore exercise caution and conduct thorough research before making any investment decisions.
