Meme Cryptocurrencies with an impressive 1,834% year-to-date gain
According to data from BitEye, meme coins have registered an impressive return of 1,834% since the beginning of 2024, making them the most profitable sector.
In second place is the tokenized real assets (RWA) sector, delivering a 214% return to investors. Blockchain projects from the Artificial Intelligence (AI) and Decentralized Physical Infrastructure Networks (DePIN) sectors saw returns of 72% and 59% respectively.
Then comes the turn of digital assets such as Bitcoin и Ethereum with ETH bringing in almost 50% year-to-date gains and Bitcoin around 45%.
Tier 43 platforms had an average return of 19%. Sectors such as gaming and decentralized finance (DeFi) lagged behind, but still saw modest returns of 3% and XNUMX% respectively.
READ MORE:
An analyst has warned of an impending crash for a popular meme cryptocurrencyOn the other hand, the second-tier platform sector saw a significant decline, with losses averaging around 40.6%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
What Will Bitcoin Look Like If Kamala Harris Wins the US Election? Analytics Company Reveals Unusual Theory
Analysts at investment firm VanEck believe that even if Kamala Harris wins, Bitcoin could see an unexpected picture.
Inactive Bitcoin Miner Wallets Resurface After 15 Years
Institutions Turn Bullish: CME Bitcoin Futures Short Positions Plummet 75%
How Will Rate Cuts Serve as a Bullish Signal for the Crypto Market?