Over 70% of Investors in Shiba Inu and Dogeocn Rival $FLOKI are Underwater, Data Shows

Over 70% of Investors in Shiba Inu and Dogeocn Rival $FLOKI are Underwater, Data Shows


CryptoGlobe
2023-04-28 02:30:00

Data from the blockchain shows that a significant majority of investors that purchased Dogecoin ($DOGE) and Shiba Inu ($SHIB) rival memecoin Floki ($FLOKI) are currently underwater, meaning they’re sitting on unrealized losses. According to data form on-chain analytics firm IntoTheBlock, first reported on by Daily Hodl, a mere 19% of FLOKI holders possess a profitable