Bitcoin Holders In Profit At 89%: Pepe, Dogecoin Fall Back

Bitcoin
[BTC]
has
time
and
again
proved
its
dominance
over
the
cryptocurrency
market.
The
asset’s
market
cap
currently
stands
at
a
high
of
$1.26
trillion.
The
rest
of
the
coins
continue
to
remain
in
the
billion
zone.
Apart
from
this,
Bitcoin
topped
the
charts
in
terms
of
profits
and
losses.
Bitcoin
holders
were
raking
in
profits
and
the
asset
emerged
as
the
most
fortunate.

According
to
IntoTheBlock,
Bitcoin
led
the
market
with
89%
of
its
holders
enjoying
profits.
This
comes
despite
a
recent
dip,
with
Bitcoin
trading
at
$64,177
following
a
1.11%
drop.
Ethereum
[ETH],
the
second-largest
cryptocurrency
market
cap
also
seemed
profitable
as
83%
of
its
holders
were
in
the
green.

Justin
Sun’s
Tron
[TRX]
has
failed
to
make
headlines
in
recent
days.
But
the
83%
of
the
asset’s
holders
were
enjoying
profits.
Unlike
the
rest
of
the
market,
TRX
was
surging
by
1.65%
over
the
last
24
hours
and
was
priced
at
$0.1185.

Also
Read:
Bitcoin
Predicted
to
Reach
$200,000
by
2025
Says
Bernstein

Is
Pepe
the
Only
Profitable
Meme
Coin?

The
cryptocurrency
market
is
filled
with
several
canine-themed
meme
coins.
But,
a
frog-inspired
coin
was
raking
its
investors
more
profits.
Pepe
Coin
[PEPE]
stood
along
the
top
assets
with
a
profitability
rate
of
80%.
Dogecoin
[DOGE]
the
world’s
first
meme
cryptocurrency
was
lagging
with
only
75%
holders
in
profit.
Surprisingly,
Floki
[FLOKI]
took
over
DOGE
with
76.85%
of
its
holders
enjoying
gains.

A
community-driven
project,
Shiba
Inu
[SHIB]
wasn’t
on
the
list.
The
asset
hasn’t
been
seeing
major
growth
in
its
price.
The
asset
has
dipped
by
16%
throughout
the
past
week.
The
profitability
rate
is
not
something
that
is
achieved
overnight.
Cryptocurrencies
purchased
at
a
lower
price
bring
in
more
profits
for
investors.

Also
Read:
‘PEPE
Rises
14%
as
Meme
Coins
Rebound
–
3
Tokens
That
Could
Pump
Next