In the ever-evolving world of cryptocurrencies, profitability remains a key indicator of success for individual investors and the market as a whole. Bitcoin (BTC) continues to dominate the market, with 86% of holders currently in the black, according to new data from IntoTheBlock. This makes BTC the leading asset, maintaining a significant lead over other currencies in terms of profitability.
Ethereum (ETH), the second largest token by market cap, also performed strongly, with 83.19% of holders making a profit. Ethereum's smart contract capabilities and its key role in the DeFi (decentralized finance) ecosystem have contributed significantly to its success. In addition, the potential launch of an Ethereum spot ETF could catalyze further price increases.
Tron and meme coins gain popularity Tron (TRX) followed closely behind, with 82.07% of holders making a profit, indicating the project’s growing influence in the blockchain space. Tron focuses on decentralized applications (dApps), and its high transaction throughput makes it a popular choice for developers and investors.
Interestingly, memecoins also had a significant impact on profitability rankings. Pepe (PEPE) leads the memecoin ranks with 80.57% of holders profitable, followed by Floki (FLOKI) at 76.85%. The original memecoin, Dogecoin (DOGE), had a profitability rate of 74.99%. These data show that memecoins, which are often viewed as speculative investments, have generated significant returns for their holders.
Emerging projects and their profitability
The data also highlights the performance of emerging projects such as Ondo (ONDO) and JasmyCoin (JASMY), with 75.61% and 72.18% of their holders making a profit, respectively. Ondo, which focuses on DeFi and structured products, and JasmyCoin, which targets data democratization and the Internet of Things (IoT), are gaining traction and delivering impressive returns to investors. Maker (MKR) and Bitcoin Cash (BCH) are the most profitable assets, with 75.45% and 72.54% of their holders making a profit, respectively. Maker, the governance token for the MakerDAO and Dai stablecoin systems, has been a cornerstone of the DeFi ecosystem. Bitcoin Cash, a hard fork of Bitcoin, continues to attract a loyal following due to its focus on peer-to-peer electronic cash transactions.
