Bitcoin Dominates With 86% Holders in Profit, Ethereum and Meme Coins Close Behind

  • 📰 Utoday_en
  • ⏱ Reading Time:
  • 40 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 63%

United States Headlines News

United States Latest News,United States Headlines

Bitcoin leads with 86% of holders in profit as Ethereum and meme coins like Dogecoin are close behind

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions.

Ethereum , the second-largest coin by market capitalization, also showcases a strong performance, with 83.19% of its holders in profit. Ethereum's smart contract capabilities and its pivotal role in the DeFi ecosystem have significantly contributed to its success. Moreover, the potential introduction of an 🟢Bitcoin remains dominant, with over 86% of its holders in profit.

Interestingly, meme coins are also making a significant impact on the profitability rankings. Pepe leads the meme coin pack with 80.57% of its holders in profit, followed by Floki with 76.85%. , 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.

Source: Digital Coin News (digitalcoinnews.net)

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 295. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Crucial Negative Ethereum ETF Statement Made by Samson Mow, Here’s His MessageBitcoin maximalist Samson Mow says Bitcoin has no use for Ethereum ETFs
Source: Utoday_en - 🏆 295. / 63 Read more »

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Bitcoin could see high volatility due to US CPIBitcoin (BTC) price could undergo an initial dip before rallying, with the release of US CPI data today.
Source: FXStreetNews - 🏆 14. / 72 Read more »

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Bitcoin’s momentum poise to propel crypto marketBitcoin (BTC) price consolidates in a symmetrical triangle pattern, showing directional bias.
Source: FXStreetNews - 🏆 14. / 72 Read more »

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Bitcoin technical indicators signal bullish momentumBitcoin (BTC) price action shows a bullish divergence on a momentum indicator, signaling a forthcoming bullish trend.
Source: FXStreetNews - 🏆 14. / 72 Read more »

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Bitcoin retesting its major resistance levelBitcoin (BTC) and Ripple (XRP) prices are poised for short-to-midterm corrections, while Ethereum (ETH) hints at a potential rally.
Source: FXStreetNews - 🏆 14. / 72 Read more »

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Bitcoin braces for potential short-term correctionBitcoin (BTC) price may initially dip before experiencing a rally, and Ethereum (ETH) and Ripple (XRP) are likely to follow suit, dipping before their potential rallies.
Source: FXStreetNews - 🏆 14. / 72 Read more »