The market may lack attraction, but investors are comfortably sitting on huge piles of profits.
Data shows that profits are mainly concentrated in major tokens and meme coins, while altcoins are waiting for their opportunity.
IntoTheBlock's latest analysis shows Bitcoin (BTC) leading the way with 89.11% of holders in profit, demonstrating its continued dominance in the market despite the introduction of various tokens in the market. Lately year.
Next is Ethereum (ETH), with 83.19% of holders in profit, reflecting its strong performance, which could be further boosted by the potential introduction of an Ethereum spot ETF after the Commission The U.S. Securities and Exchange Commission (SEC) approves applications from many issuers.
Meme coins have led major price increases this year, so it's no surprise that these tokens make up a large portion of the chart. Leading the way are Pepe (PEPE) and Floki (FLOKI), with 80.57% and 76.85% returns, respectively.
Meanwhile, the original meme coin, Dogecoin (DOGE), and newly launched Jasmycoin (JASMY) are following closely behind, with investors sitting at 74.99% and 72.18% returns, respectively.
In addition to meme coins, other popular cryptocurrencies with high rates of profitable holders include Tron (TRX), Ondo (ONDO), Maker (MKR), and Bitcoin Cash (BCH), with respective returns are 82.07%, 75.61%, 75.45%, and 72.54%.
“This shows that the big profits are mainly concentrated in major tokens and meme coins, while other altcoins are still waiting for their moment to explode.”