Dogecoin remains the leading memecoin by market cap, maintaining investor confidence amid rising competition. The cryptocurrency shows a substantial 72.75% profitability rate, outperforming memecoins such as SHIB, FLOKI, and PEPE.
Data reveals significant accumulation and long-term holding at lower price points, indicating strong investor trust in Dogecoin's potential. This positions Dogecoin as a dominant force in the memecoin market.
The article highlights Dogecoin’s resilience and continued investor support, despite the arrival of new cryptocurrencies attempting to carve out market share.
