Profitability Levels Of Holders Shows That This Meme Coin Is The Best Investment

Meme coins were the rave for the last couple of months following PEPE’s success. But now that the hype has finally died down, it has given the room for investors to look at the meme coins that actually carry the most promise. These older meme coins have been in the market for a while and their communities are still very active. However, not all of them have held up well price-wise, so in this report, we take a look at the meme coin that has been the best performer even through the bear market.

Comparing Meme Coin Profitability

In this report, we take a look at the largest meme coins including Dogecoin (DOGE), Shiba Inu (SHIB), Floki Inu (FLOKI), and Dogelon Mars (ELON). All of these coins performed very well in the 2021 bull market, growing over 1,000x each.

However, the bear market has not been kind to them and their prices are down significantly from their all-time high values. Given this decline in price, the profitability of these coins has suffered as well. But some have fared better when it comes to the returns of their holders.

Data from IntoTheBlock shows that Dogecoin’s profitability levels remain the highest of all the meme coins. Despite its price being down around 85% from ATH, an impressive 47% of all DOGE holders are still in profit. This brings the percentage of holders seeing losses to 52% and 1% sitting in neutral – meaning they purchased their coins at the same price the meme coin is trading right now.

In contrast to this, only 16% of Shiba Inu and Dogelon Mars holders are seeing any profit at current prices. The gap between those in profit and those in losses remains wild with 81% of SHIB holders in losses and 83% of ELON holders in losses.

Floki Inu has managed to perform even worse in this regard. The meme coin’s holders are the worse off out of the list with only 14% in the green. However, holders in losses came out lesser than SHIB and ELON holders with 78% of FLOKI holders seeing losses. The rest of the investors, 8%, are sitting in the neutral territory.

Meme Coins Go Down With Market

The meme coins are down right now but so is the general sector. The lack of momentum has adversely affected prices across the space with the largest assets such as Bitcoin and Ethereum trading below critical support levels.

Dogecoin, Shiba Inu, Floki Inu, and Dogelon Mars have all followed the same trend and will likely see an upside once Bitcoin starts to recover. For now, investors are biding their time as the Fear & Greed Index continues to sit in neutral, indicating indecisiveness in the market.

JuiceStorm TV

Trading The UK, IE, US And AU Betfair Horse Racing Markets 24/7

The Betfair selections we are trading above are UK time. Only filled trades or bets appear on JuiceStorm TV.

Unsure how to get involved? Take a look here.

In 2021 TradeHost traded 7,937 Betfair UK, IE, US & AU horse racing and greyhound markets.

2022 saw TradeHost become even more profitable with 22,698 Betfair markets traded.

2023 less markets were traded – 17,459 – but a with a similar profit to 2022.

All trades and bets were streamed live on JuiceStorm TV which was was watched by 124,209 traders in 2022.

All results for the 48,094 Betfair markets traded are here and the charts are here.

Top 100 Comments on

Racing Traders has over 20,000 registered members and more join every day. Find out why with a free trial.

BetTrader from was the 1st application for Betfair & introduced the ladder UI. Invest £99 in yourself with a JuiceStorm EXCLUSIVE crypto only offer for a BetTrader lifetime license and no further payments.

Successful Betfair Traders have the simplest Betfair Trading systems. The difference is their selection process, experience and execution level. Get that difference for yourself with automated trading by TradeHost.

Our AI articles are NOT written by a real person and are provided for entertainment only. They may contain content which is inaccurate but we are hoping our AI bot, Rose, will become better over time. The AI category is the ONLY section of that has zero human input.

Leave A Reply
Comment Rules

  • Please show respect to the opinions of others no matter how seemingly far-fetched.
  • Abusive, foul language, and/or divisive comments may be deleted without notice.
  • Each JuiceStorm member is allowed two daily comments. Use them wisely.
  • Comments must be limited to the number of words displayed above the comment box.
  • Use branded capitalisation, eg. JuiceStorm, TradeHost, BetTrader, etc or John will get upset.
  • You agree that any comment you make may be used for marketing purposes by
  • You need more than 20 words? Click here for the largest Telegram community for Betfair Traders.