Amid the strong rise in the cryptocurrency market, Dogecoin has emerged as a standout player with a significant majority of its investors making profits. Data from Altindex.com shows that more than 88% of Dogecoin holders were in profit as of last week, positioning the digital currency as the second most profitable currency in terms of investor returns, behind Bitcoin.
The meme-inspired cryptocurrency witnessed a significant 146% price increase in the first quarter of 2024, rising from $0.089 to $0.22. This increase added approximately $18.5 billion to Dogecoin's market cap and marked the highest rate of profitable Dogecoin addresses in three years. In particular, large investors, popularly known as "whales", account for more than half of the profitable addresses. Moreover, 61% of Dogecoin holders have maintained their investment for more than a year, demonstrating their long-term confidence in the asset.
Compared to other leading cryptocurrencies, Dogecoin's performance is particularly remarkable. According to IntoTheBlock data, Bitcoin remains at the top with 96% of its holders making a profit. Ethereum and TON follow with addresses making profits of 87% and 86%, respectively. Other cryptocurrencies such as Avalanche and Shiba Inu also saw a healthy share of profitable addresses, though less than Dogecoin.
The enthusiasm for Dogecoin is also reflected in its transaction volume, which experienced a six-fold increase in the first quarter of 2024. CoinMarketCap reported that $141 billion worth of Dogecoin transactions were made during this period, and $105 billion of this volume occurred in March.
PLEASE READ CAREFULLY FOR A GIFT OF 10 DOLLARS.
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Now I will tell you how to receive your gift. First of all, Binance users who have registered with someone's reference and actively use futures transactions will unfortunately not be able to benefit from this promotion.
So who will benefit?
Our friends who have not activated the futures section yet, while activating your FUTURES trading section, you will earn 10 dollars when you open it by entering my reference code 88623008.
I EXPLAIN IN DETAIL.
My brothers and sisters who have become a Binance member without reference, please listen carefully;
When you do what I say, you will receive 10 USDT.
Enter the Futures Section from your application,
On the next screen, open your account by entering the code 88623008 in the REFERENCE CODE section,
My brothers and sisters who want to complete this transaction and receive the 10 USDT reward by MAY 1 can do so. After activating your account, all you have to do is open your first futures transaction.
The first 1,000 brothers to open a 200 USDT transaction by MAY 1 will receive a 10 USDT reward.
So let me give you a tactic like this: Even if you open and close 20x with a $5 transaction, you will be entitled to the reward.
However, even if you do this after May 1, your reward will not come. So get it done by May 1st. In fact, right now I say you can fix it in 5 seconds.
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WHEN WILL THE AWARD COME?
Your 10 dollar reward will arrive in the REWARDS section of your Binance application within 30 days, starting from May 1st. By activating it from there, you can use your reward of 10 dollars, or more than 300 liras, in futures transactions.
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BY THE WAY, MY BROTHERS, PLEASE DON'T MISS YOUR LIKES. EVERY SHARE IS FOR YOU. SO DON'T WITHHOLD YOUR SUPPORT. DON'T FORGET TO FOLLOW IF YOU HAVE NOT FOLLOWED YET. KIND REGARDS.
