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A bullish wave sweeps through the Dogecoin (DOGE) ecosystem as a staggering 82.66% of its wallets now stand in profit. According to recent data from IntoTheBlock (ITB), out of a total of 5.21 million addresses, the majority are currently experiencing gains. This surge signifies a significant upturn in market sentiment, with DOGE holders reaping the benefits of the cryptocurrency’s recent price movements.
In contrast, only 13.5% of addresses find themselves at a loss, totaling around 850,400 wallets. However, optimism remains high among investors, as these losses could be reversed if DOGE’s price manages to climb back to the $0.183729 to $0.671001 range. Notably, approximately 3.83% of addresses hover around the breakeven point, holding their ground in the $0.150461 to $0.167839 price range. This remarkable shift in wallet profitability underscores Dogecoin’s resilience and its ability to align with broader market trends.
