Crypto Investors See Significant Gains in 2024, CoinLedger Report Reveals
Crypto Investors See Significant Gains in 2024
The average crypto investor's portfolio saw a substantial increase in 2024, with realized gains surging to $5,482, according to a report by CoinLedger. This represents a significant recovery from 2023, when investors faced average losses of $7,102 during the bear market.
Leading Cryptocurrencies in 2024
SUPER and HYPE emerged as top performers, leading in unrealized gains, while Bitcoin (BTC) remained a favorite among long-term holders. Ethereum (ETH), however, topped the list of unrealized losses, potentially due to increased competition from the Solana blockchain.
Investor Behavior and Platform Preferences
Bitcoin maintained its position as the longest-held cryptocurrency, showcasing investor confidence. Ledger hardware wallets were the most popular for secure storage, while Coinbase and Crypto.com led among exchanges, surpassing Binance, which faced regulatory challenges.
This report highlights the resilience and growth of the cryptocurrency market in 2024, driven by market trends and investor sentiment.
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