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Comparing Profitability and Whale Preference of Popular Memecoins: Dogecoin, Pepe, Leash, Dogelon Mars, Shiba Inu, and Floki

Analysts at The Block compared the profitability indicators of six popular memcoins. We are talking about coins, the creation of which was inspired by Internet memes. Analysts also shared statistics that allow us to highlight the favorite memcoin of large investors – the so-called whales.

Memcoin statistics appeared in microblog The Block. When calculating the results, analysts took into account information about the profits that coin holders received.

The most profitable memecoin was Elon Musk’s favorite coin, Dogecoin. According to The Block calculations, 42% of cryptocurrency owners, as of September 2023, are in the black.

Second place, with a result of 21% of investors earning money on investments, was taken by the “frog” Pepe. After taking off in the spring and a slight lull in the summer, by the beginning of autumn, memcoin again found itself in the center of attention of participants in the crypto community.

Leash took third place in the ranking of the most profitable memcoins. 19% of coin holders are in the black. Also in the top 6 were Dogelon Mars (14%), Shiba Inu (11%) and Floki (10%).

Comparing the profitability of memcoins. Source: The Block

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Analysts also shared information about which memcoins whales prefer. It turned out that large investors choose not the most obvious coins. According to The Block, Dogelon Mars attracts the most attention from whales. In second place is Shiba Inu, in third place is Floki. Musk’s favorite cryptocurrency, which is considered the king of memecoins, Dogecoin, took second to last place in the ranking of whales’ “favorites.”

Let us remind you that earlier the BeInCrypto editors collected in one review the top 11 best memcoins and altcoins for investment.

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2023-09-09 09:49:00
#Favorite #memecoins #whales #coins #easier #money

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