dogecoin 😳
Is Dogecoin reaching saturation?
Right now, approximately 98% of Dogecoin’s total supply is in profit, indicating significant gains for most investors. Historically, when more than 95% of the supply is in profit, it signals a potential market top.
This pattern often precedes a price correction, as high levels of profit encourage investors to sell, triggering a pullback. This profit-taking behavior could put downward pressure on DOGE.#MarketDownturn #BecomeCreator $BTC