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Why ETH, DOGE and LTC are the most profitable Altcoins right now?


Ethereum, Dogecoin and Litecoin reflected the bullish notion of the market. Bitcoin [BTC], was unquestionably in the lead with 59% of its beneficial owners. Still, the trio was seen dominating the altcoin space as most of their holders were for-profit.

Ethereum [ETH], managed to hit a high of $1,594.04 earlier in the day. Increased community interest could drive ETH to $1,600, which is just a few dollars away. At press time, the entire market was consolidating, as a result, ETH was trading at $1,566.17 with a daily decline of 0.54%.

Nevertheless, 60% of ETH holders were making significant profits. On top of that, 39% of holders of the asset were experiencing losses at the current crypto price.

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Dogecoin [DOGE] recorded a rise of 10.49% over the past two days. However, the crypto meme was down 3.67% at press time as its price held at $0.08393. Around 59% of DOGE holders were making money at the current price of the asset. Only 37% were not.

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Litecoin [LTC] has been low key for some time now. Several have even suggested that crypto is dead. However, 55% of its holders were in the money right now. At press time, the altcoin was trading at $85.92 with a daily decline of 2.27%.

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Unlike other assets, long-term holders of Litecoin [over 1 year] were only 46%. Almost 47% of them Between the market over the past 12 months. Holders of other assets also made profits, but those of Ethereum, Dogecoin and Litecoin eclipsed them.

Other Notable Crypto Assets

shiba inus [SHIB] is considered one of the most popular crypto assets. However, the majority of its holders were not for profit. Despite SHIB’s weekly rise of 20.37%, 66% of its holders were at a loss.

B OK, OKX’s native crypto, on the other hand, was booming. An incredible 99% of its holders were in profit and a tricky 1% were not.



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