Traders of Dogecoin (DOGE) have seen negative returns amid the recent market slump, according to data from crypto analytics platform Santiment. The average returns of DOGE traders have fallen from 72% to -8.89% over the past 30 days. This decline in returns is not unique to DOGE, as Bitcoin, Ethereum, and Cardano traders have also experienced negative returns. Despite this, Santiment analysts believe that the decline in returns could present an opportunity for traders to buy, suggesting a potential short to medium-term recovery for crypto assets. However, the firm also warns that there are no guarantees.
- Content Editor ( thecryptobasic.com )
- 2025-01-09
Average Dogecoin Trader Returns in the Red Amid Market Struggles