On-chain data shows 63.2% of all PEPE holders are now holding some profit. Here’s how this compares against DOGE, SHIB, and other memecoins.
PEPE Has Recently Woken Up With Fresh Rally And On-Chain Activity
According to data from the market intelligence platform IntoTheBlock, PEPE’s latest price surge of over 37% during the past week has meant that its holder profitability ratio has observed a significant jump.
The below chart shows how the percentage of the holders carrying some unrealized profit has changed for PEPE during the last few months and also how the same metric compares for the other meme coins in the sector like DOGE and SHIB.
Following this surge, around 63.2% of PEPE’s user base is holding their coins with positive returns. As is visible from the chart, the frog-based memecoin’s profitability ratio is now the second highest among these assets, above the likes of Shiba Inu and Floki.
Dogecoin still remains the top meme coin based on this metric, however, as more
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