Dogecoin Profitability Rises To 75% As Shiba Inu Plunges To 52%

Dogecoin and Shiba Inu have had similar price action in the past few weeks, but their respective holders have had different things to discuss. As two of the most popular meme coins, Dogecoin and Shiba Inu seem pretty similar at first glance. Particularly, their price movements in the past few weeks have left many holders disappointed amidst a wider decline among top cryptocurrencies. However, on-chain data suggests SHIB holders might be feeling the heat the most, as the number of addresses in losses has surged recently to almost half of the total addresses.

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