đ Most altcoins are still suffering losses!
According to CoinGecko data, over 22,000 cryptocurrencies are being tracked, while Glassnode data indicates that, as of late September, less than 25% of the supply of the average altcoin was trading at a price that yielded a profit for its holders.
Put simply, this means that more than 75% of the average altcoin's supply was not generating profits for its holders.
$SUI
$DYDX
$OP
According to CoinGecko data, over 22,000 cryptocurrencies are being tracked, while Glassnode data indicates that, as of late September, less than 25% of the supply of the average altcoin was trading at a price that yielded a profit for its holders.
Put simply, this means that more than 75% of the average altcoin's supply was not generating profits for its holders.
$SUI
$DYDX
$OP