web3.0Bitcoin (BTC) Dominates the Market, with 86% of Holders in Profit, as Meme Coins Gain Traction
In the ever-evolving world of cryptocurrencies, profitability remains a critical measure of success for both individual investors and the market as a whole.
Fresh data from IntoTheBlock reveals that Bitcoin (BTC) continues to lead the market in terms of profitability, with an impressive 86% of its holders currently in profit. This positions BTC as a top-performing asset, maintaining a significant lead over other coins.
Among the top cryptocurrency projects, Tron (TRX) follows closely with 82.07% of its holders in profit. TRX has seen growing influence in the blockchain space, particularly due to its focus on decentralized applications (dApps) and high transaction throughput.
Interestingly, meme coins are also making a significant impact on the profitability rankings. Pepe (PEPE) leads the meme coin pack with 80.57% of its holders in profit, followed by Floki (FLOKI) with 76.85%. Notably, Dogecoin (DOGE), the original meme coin, boasts a 74.99% profitability rate. These figures indicate that meme coins, often considered speculative investments, have generated substantial returns for their holders.
The data also highlights the performance of emerging projects like Ondo (ONDO) and JasmyCoin (JASMY), with 75.61% and 72.18% of their holders in profit, respectively. Ondo, focusing on DeFi and structured products, and JasmyCoin, targeting data democratization and IoT (Internet of Things), are gaining traction and delivering notable returns for their investors.
Among the top profitable assets, Maker (MKR) and Bitcoin Cash (BCH) round out the list, with 75.45% and 72.54% of their holders in profit, respectively. Maker, the governance token for the MakerDAO and the Dai stablecoin system, has been a cornerstone of the DeFi ecosystem. Bitcoin Cash, a hard fork of Bitcoin, continues to attract a dedicated following due to its focus on peer-to-peer electronic cash transactions.
News source：https://www.kdj.com/cryptocurrencies-news/articles/bitcoin-btc-dominates-market-holders-profit-meme-coins-gain-traction.html
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