This unexpected sector has delivered the highest returns for crypto investors in the first half of 2024
The first six months of 2024 are about to end, the crypto market has experienced many fluctuations since Bitcoin broke its previous cycle peak. However, Altcoin Season has not really arrived yet. So which industry is making the most money according to data over the past 6 months?
The top spot is Memecoin: Leading with an average return rate (YTD) of 1,834%, 8.6 times higher than the second most profitable piece. This may be a surprise to outsiders that worthless coins have grown so strongly
Real World Asset (RWA) is a segment with high potential, so RWA ranks second on this list with an average profit of 214%. AI and DePIN ranked third with 72% and 59% of profits. Meanwhile, Layer 1 grew more modestly at only 43%.
One thing that is very surprising is that Layer 2 brings losses to investors when these tokens bring an average loss of 41%. The reason may come from projects issuing tokens at a set price. The price is too high, causing the token price to decline immediately after the listing stage.
How do you rate this list? Can Memecoin maintain its leading position in terms of profits in the next 6 months? Comment your opinion.
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