{"id":354775,"date":"2023-10-31T03:00:52","date_gmt":"2023-10-30T21:30:52","guid":{"rendered":"https:\/\/ambcrypto.com\/?p=354775"},"modified":"2023-10-31T13:01:07","modified_gmt":"2023-10-31T07:31:07","slug":"how-dogecoin-holders-are-enjoying-100-profits","status":"publish","type":"post","link":"https:\/\/ambcrypto.com\/how-dogecoin-holders-are-enjoying-100-profits\/","title":{"rendered":"How Dogecoin holders are enjoying 100% profits"},"content":{"rendered":"<ul>\n<li><em><span style=\"font-weight: 400;\">Dogecoin has added around 19% in value since its uptrend began.<\/span><\/em><\/li>\n<li><em><span style=\"font-weight: 400;\">The number of holders has remained the same since May.<\/span><\/em><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Dogecoin [DOGE] has experienced an increase in value, in line with the overall cryptocurrency market. While it hasn&#8217;t yet reached the threshold that had raised expectations of reaching $1, it has provided DOGE holders with something to hold on to.<\/span><\/p>\n<hr \/>\n<p style=\"text-align: center;\">Read <a href=\"http:\/\/ambcrypto.com\/predictions\/dogecoin-price-prediction\" target=\"_blank\" rel=\"noopener\">Dogecoin&#8217;s [DOGE] Price Prediction<\/a> 2022-23<\/p>\n<hr \/>\n<h4><b>Dogecoin maintains a strong run despite decline<\/b><\/h4>\n<p><span style=\"font-weight: 400;\">From 1 October to the present day, <a href=\"http:\/\/ambcrypto.com\/dogecoin-vs-shiba-inu-which-meme-is-winning-in-the-current-market\/\" target=\"_blank\" rel=\"noopener\">Dogecoin<\/a> has seen an increase of more than 10% in its value, as indicated by its daily timeframe chart. Moreover, when we examine the period from the beginning of the current uptrend until now, DOGE has appreciated by over 19% in value. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">A deeper analysis of its weekly trend revealed that it broke out of a multi-year descending triangle on 29 October. The trading session on that day closed with a gain of just under 1%.\u00a0<\/span><\/p>\n<figure id=\"attachment_354780\" aria-describedby=\"caption-attachment-354780\" style=\"width: 1793px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/10\/DOGEUSD_2023-10-30_05-57-34.png\"><img decoding=\"async\" class=\"wp-image-354780 size-full\" src=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/10\/DOGEUSD_2023-10-30_05-57-34.png\" alt=\"DOGE\/USD price movement\" width=\"1793\" height=\"752\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/10\/DOGEUSD_2023-10-30_05-57-34.png 1793w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/10\/DOGEUSD_2023-10-30_05-57-34-300x126.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/10\/DOGEUSD_2023-10-30_05-57-34-1024x429.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/10\/DOGEUSD_2023-10-30_05-57-34-768x322.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/10\/DOGEUSD_2023-10-30_05-57-34-1536x644.png 1536w\" sizes=\"(max-width: 1793px) 100vw, 1793px\" \/><\/a><figcaption id=\"caption-attachment-354780\" class=\"wp-caption-text\">Source: TradingView<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">At the time of writing, <a href=\"http:\/\/ambcrypto.com\/will-dogecoins-uptober-make-a-late-showing\/\" target=\"_blank\" rel=\"noopener\">DOGE<\/a> was trading at approximately $0.06, reflecting a decrease of less than 1%. Despite this slight decline, the asset was still firmly entrenched in a strong bullish trend. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Also, it appeared that this dip has had minimal impact on the profitability of certain DOGE holders.<\/span><\/p>\n<h4><b>Dogecoin holders holding at a 100% profit<\/b><\/h4>\n<p><span style=\"font-weight: 400;\">The recent upward trends in <a href=\"http:\/\/ambcrypto.com\/chatgpt-doge-price-prediction-31\/\" target=\"_blank\" rel=\"noopener\">Dogecoin<\/a> have had a remarkably positive impact on the profitability of some long-term holders. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">According to <a href=\"https:\/\/app.santiment.net\/charts\/UbRMimmc__sCl\" target=\"_blank\" rel=\"noopener\">Santiment&#8217;s<\/a> 180-day Market Value to Realized Value ratio (MVRV), individuals in this group were holding assets that were over 100% more valuable than their initial investment.\u00a0<\/span><\/p>\n<figure id=\"attachment_354781\" aria-describedby=\"caption-attachment-354781\" style=\"width: 2560px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/10\/Dogecoin-DOGE-08.44.37-30-Oct-2023.png\"><img decoding=\"async\" class=\"wp-image-354781 size-full\" src=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/10\/Dogecoin-DOGE-08.44.37-30-Oct-2023.png\" alt=\"Dogecoin 180-day MVRV ratio\" width=\"2560\" height=\"867\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/10\/Dogecoin-DOGE-08.44.37-30-Oct-2023.png 2560w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/10\/Dogecoin-DOGE-08.44.37-30-Oct-2023-300x102.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/10\/Dogecoin-DOGE-08.44.37-30-Oct-2023-1024x347.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/10\/Dogecoin-DOGE-08.44.37-30-Oct-2023-768x260.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/10\/Dogecoin-DOGE-08.44.37-30-Oct-2023-1536x520.png 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/10\/Dogecoin-DOGE-08.44.37-30-Oct-2023-2048x693.png 2048w\" sizes=\"(max-width: 2560px) 100vw, 2560px\" \/><\/a><figcaption id=\"caption-attachment-354781\" class=\"wp-caption-text\">Source: Santiment<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">Also, at the time of this writing, the 180-day MVRV had surged to 141%. This indicated that those in this category have the potential to realize profits exceeding 100% if they decide to sell their holdings. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Additionally, it also suggested that they originally purchased their Dogecoin at a price lower than the current market value.<\/span><\/p>\n<h4><b>The number of holders stays flat<\/b><\/h4>\n<p><span style=\"font-weight: 400;\">Throughout the various uptrends and downtrends that <a href=\"http:\/\/ambcrypto.com\/dogecoins-bullish-recovery-rejected-whats-next\/\" target=\"_blank\" rel=\"noopener\">Dogecoin<\/a> has encountered, one specific metric has remained constant. An examination of the total number of Dogecoin holders on Santiment revealed that this figure has remained unchanged since around May.<\/span><\/p>\n<hr \/>\n<p style=\"text-align: center;\">Is your portfolio green? Check out the <a href=\"http:\/\/ambcrypto.com\/calculator\/dogecoin-profit-calculator\" target=\"_blank\" rel=\"noopener\">DOGE Profit Calculator<\/a><\/p>\n<hr \/>\n<p><span style=\"font-weight: 400;\">As of press time, the total number of holders stood at approximately 4.8 million, a figure that was also observed around May.\u00a0<\/span><\/p>\n<figure id=\"attachment_354784\" aria-describedby=\"caption-attachment-354784\" style=\"width: 3840px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/10\/Dogecoin-DOGE-08.44.31-30-Oct-2023.png\"><img decoding=\"async\" class=\"wp-image-354784 size-full\" src=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/10\/Dogecoin-DOGE-08.44.31-30-Oct-2023.png\" alt=\"Dogecoin number of holders\" width=\"3840\" height=\"1300\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/10\/Dogecoin-DOGE-08.44.31-30-Oct-2023.png 2560w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/10\/Dogecoin-DOGE-08.44.31-30-Oct-2023-300x102.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/10\/Dogecoin-DOGE-08.44.31-30-Oct-2023-1024x347.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/10\/Dogecoin-DOGE-08.44.31-30-Oct-2023-768x260.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/10\/Dogecoin-DOGE-08.44.31-30-Oct-2023-1536x520.png 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/10\/Dogecoin-DOGE-08.44.31-30-Oct-2023-2048x693.png 2048w\" sizes=\"(max-width: 3840px) 100vw, 3840px\" \/><\/a><figcaption id=\"caption-attachment-354784\" class=\"wp-caption-text\">Source: Santiment<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">If the current bullish momentum continues, there is a possibility that Dogecoin could be on a path toward reaching the $1 price range in the near future.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dogecoin&#8217;s unwavering journey: Defying market trends, rewarding long-term holders, and a consistent holder count. Can DOGE reach the elusive $1 milestone soon?<\/p>\n","protected":false},"author":76,"featured_media":354791,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"footnotes":""},"categories":[5824,66,3,4,20],"tags":[],"class_list":["post-354775","post","type-post","status-publish","format-standard","has-post-thumbnail","category-memecoins","category-new-news","category-news","category-social","category-trading-view"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>How Dogecoin holders are enjoying 100% profits - AMBCrypto<\/title>\n<meta name=\"description\" content=\"The recent Dogecoin uptrend has been good news for holders who have held for a longer period as they see over 100% profit.\u00a0\" \/>\n<meta name=\"robots\" content=\"index, follow, max-image-preview:large\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ambcrypto.com\/how-dogecoin-holders-are-enjoying-100-profits\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How Dogecoin holders are enjoying 100% profits - AMBCrypto\" \/>\n<meta property=\"og:description\" content=\"Dogecoin&#039;s unwavering journey: Defying market trends, rewarding long-term holders, and a consistent holder count. 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