Bitcoin (BTC) is Among the Leaders of Profitable Cryptocurrency Investments, Tron (TRX) is the Most Rewarding

The enhanced volatility of the cryptocurrency market has significantly affected investors in different digital assets. At the start of the week, prices were plummeting, resulting in substantial paper losses for HODLers, while the subsequent comeback partially fixed the situation for those who endured the turbulence without selling their stash.

Bitcoin (BTC) and Tron (TRX) investors are currently leading the pack in terms of profitability, with a high percentage of holders sitting on paper profits. On the other hand, Shiba Inu (SHIB) and Cardano (ADA) investors have faced significant losses.

Here's a closer look at the percentage of profitable investors in some of the leading cryptocurrencies (with a market cap of over $10 billion):

Tron (TRX): Leading the pack, with approximately 87% of holders in the green. Only 8% are currently underwater.

Bitcoin (BTC): Around 85% of investors are sitting on some paper profits, while 13% are in the red. A majority of BTC investors (71%) hopped on the bandwagon more than a year ago.

Dogecoin (DOGE): Ranks third, with 70% of its holders currently in the money on their investments. Most of its investors entered the ecosystem at least a year ago.

Ethereum (ETH): Despite being one of the worst-affected assets during the recent crash, 68% of ETH holders are in the green and 28% are sitting on paper losses.

Now, let's take a look at some of the biggest losers:

Shiba Inu (SHIB): A significant portion of SHIB investors (52%) are currently underwater, while 47% are profitable. The situation was much more favorable during the bull run in mid-March, when approximately 63% of the holders were in the green.

Cardano (ADA): The share of investors sitting on some paper profits was below 1% during the market collapse on August 5. The subsequent rebound of the sector brought some relief, and as of now, 16% of ADA HODLers see an increase in their initial investment.

Other well-known cryptocurrencies whose investors are predominantly in the red include Chainlink (LINK), Avalanche (AVAX), Litecoin (LTC), Dai (DAI), and more.

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