@BOMBERuss 15 July 2022 more from that month

The #Dogecoin (DOGE) cryptocurrency meme is trying to repeat the success of the first half of 2021, when investors received significant profits from the #token. However, the number of DOGE holders who earned as of July 14 is equal to the number of those who suffered losses. Based on the current DOGE price, the share of holders in both profits and losses is 48%, while 4% have reached the break-even point, these are the data from #CoinMarketCap. At the time of publication of the material, the cost of #DOGE was $ 0.0601, showing a daily increase of 1.6%, while weekly losses exceed 12%. Since the crypto market has been struggling with a prolonged bearish momentum for a long time, the profitability of Dogecoin is approaching a neutral level. It is noteworthy that with an increase in profitability, token owners are more likely to fix profits to reduce the risks of their portfolios. However, investors can keep the token, hoping for another upward rally. And although the DOGE price movement correlates with assets such as #bitcoin, the coin has not shown any significant signs of recovery, even despite the continued support from #Tesla CEO Elon #Musk. Despite the established neutrality of profitability and losses, DOGE continues to register significant interest from investors. Google Trends data shows that Dogecoin search queries in the USA occupy the first place among all cryptocurrencies.