Author: Pablo Dávila S.
Date: November 22, 2024
The crypto portfolio continues to show a solid performance with notable gains in almost all positions. Below, I present a technical analysis of each of the coins and the strategy I will maintain with PEPE, which has been the most profitable investment so far.
1. Baby (BABY)
* Historical profitability: $1,700.96
* % Profitability: +3.628%
2. Solana (SUN)
Historical Return: $239.49
% Profitability: +995%
3. Dogecoin (DOGE)
Historical Return: $350.15
% Profitability: +678%
4. Cardano (ADA)
Historical Return: $357.26
% Profitability: +345%
5. Shiba Inu (SHIB)
Historical Return: $146.45
% Profitability: +356%
6. Render (RNDR)
Historical Return: $112.52
% Profitability: +318%
7. XRP (XRP)
Historical Return: $216.94
% Profitability: +223%
8. Binance Coin (BNB)
Historical Return: $824.23
% Profitability: +94.06%
9. Tron (TRX)
Historical Return: $95.00
% Profitability: +95%
10. Bitcoin (BTC)
Historical Profitability: $6,833.13
% Profitability: +62.06%
Final Conclusion: Memecoins as the Most Profitable
The analysis of this portfolio makes one strong message clear: memecoins have proven to be the most profitable investments within this ranking. With a historical return of 3,628% and a gain of $1,700.96, Pepe (PEPE) tops the list as a clear example of the explosive potential that these coins can offer. Closely following are Dogecoin (DOGE) and Shiba Inu (SHIB), which have also generated significant returns thanks to the support of their communities and the humorous narrative that drives them.
Why do memecoins stand out?
Extreme Volatility: Memecoins, despite being highly speculative, have managed to turn small investments into huge profits in record time.
Community Narrative: These currencies are not only financial assets, but social movements that appeal to the sense of belonging of their followers.
Low Entry Cost: Generally accessible, they allow small investors to participate without requiring large capital.
However, it is important to remember that this volatility is a double-edged sword. Just as they can generate large gains, they can also lose value quickly, so investing in them requires a careful approach and proper risk management.
Note: Follow me so you can keep track of my moves and make money. This analysis does not constitute investment advice. Always do your own research and consider your financial goals and risk tolerance before making decisions.