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**The Surge in Profitable Dogecoin Addresses**

May 8, 2024

According to recent data from IntoTheBlock, there has been a significant increase in the number of profitable Dogecoin addresses. Roughly 82.66% of Dogecoin wallets, which amounts to around 5.21 million addresses, are currently experiencing profitability. These addresses have a profitability price range that falls between $0.143 and $0.150. In contrast, a smaller portion of the network, approximately 13.5% or 850,400 addresses, are still operating at a loss. These addresses may have the potential to turn profitable in the future.

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