Home > Information news > Bitcoin Upholds Its Dominance in Crypto Profitability Chart

Bitcoin Upholds Its Dominance in Crypto Profitability Chart

Release: 2024/04/25 19:36 Reading: 630

Original author:CryptoTale

Original source:https://coinmarketcap.com/community/articles/662a3ab2851c034031d5f352

Bitcoin Asserts Dominance, with 86% of Holders Profiting

Recent data from IntoTheBlock, a market intelligence platform and advanced Defi tool, reveals the profit margins of investors across various top layer 1 networks.

Bitcoin, the flagship cryptocurrency, confirms its superiority, with a remarkable 86% of its holders sitting profitably. This impressive statistic solidifies Bitcoin's status as the apex cryptocurrency in the market.

Trailing closely behind Bitcoin is Tron, which has surprisingly edged closer to the top, with an impressive 85% of its holders enjoying profits. Tron's performance highlights the growing diversification within the crypto market, where altcoins are increasingly carving out substantial footholds among investors.

Dogecoin, the community-driven cryptocurrency, alongside Ethereum, the blockchain pioneer for smart contracts, reports that the vast majority of their holders are in profit. With 83% and 81%, respectively, these networks demonstrate robust investment returns, further cementing their positions as stalwarts in the space.

Read more on Cryptotale.

Visit the links for more information:
Website | Twitter | Telegram | Instagram |

Selected Topics

  • Dogecoin whale activity
    Dogecoin whale activity
    Get the latest insights into Dogecoin whale activities with our comprehensive analysis. Discover trends, patterns, and the impact of these whales on the Dogecoin market. Stay informed with our expert analysis and stay ahead in your cryptocurrency journey.
  • Dogecoin Mining
    Dogecoin Mining
    Dogecoin mining is the process of adding new blocks of transactions to the Dogecoin blockchain. Miners are rewarded with new Dogecoin for their work. This topic provides articles related to Dogecoin mining, including how to mine Dogecoin, the best mining hardware and software, and the profitability of Dogecoin mining.
  • Spacex Starship Launch
    Spacex Starship Launch
    This topic provides articles related to SpaceX Starship launches, including launch dates, mission details, and launch status. Stay up to date on the latest SpaceX Starship launches with this informative and comprehensive resource.
  • King of Memes: Dogecoin
    King of Memes: Dogecoin
    This topic provides articles related to the most popular memes, including "The King of Memes: Dogecoin." Memecoin has become a dominant player in the crypto space. These digital assets are popular for a variety of reasons. They drive the most innovative aspects of blockchain.