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resurgence earlier this year, with its market capitalization surpassing $60 billion. Despite retracing to the current $40 billion, the niche is still full of tokens that have brought numerous traders some profits .for the long term. The latest figures show that 67% have hopped on the bandwagon over a year ago, with only 2% doing so in the past month.
Next in line is another dog-themed asset – Floki Inu . Approximately 70% of its investors are sitting on paper profits, whereas 27% are recording some losses. Third place belongs to Mog Coin , with 61% of the holders currently in the money. It has been among the best-performing cat-related meme coins, climbing the crypto ladder in the past few months.MOG’s market cap is over $500 million, making it the 125th biggest in the entire industry.
Pepe is fourth, with around 56% of the holders witnessing an increase in their initial investments. The frog-themed token has been one of the sensations of this bull cycle,over 63% of its holders profitable. However, the subsequent decline in the following months has changed the situation. Currently, 46% of the SHIB investors are in the green, while more than 50% are underwater.
Other meme coins whose holders are predominantly in the red include Bone , Coq Inu , Dogelon Mars , and MAGA . The Donald Trump-themed token is down over 80% from its peak registered in June, with nearly 87% of its investors sitting on some paper losses.COTI V2 Underway, Garbled Circuits Integration and Privacy Breakthroughs: Interview with CEO Shahaf Bar-GeffenAI is Going to be the Center of our Lives, Like it or Not: Akash Network’s Greg Osuri One Weekly Email Can Change Your Crypto Life.
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