Ethereum, Bitcoin and Matic End 2021 on List of Most Profitable Assets on Crypto Market

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Arman Shirinyan

Big caps are driving smaller altcoins away in terms of profitability


The most profitable assets on the market contain coins with the most wallets remaining in profit compared to your initially open positions. While the asset’s profitability depends on its performance in the market, it also largely depends on the average position price opened by traders.

According to data from IntoTheBlock, Bitcoin, Ethereum and Matic remain on top of one of the most profitable assets in the cryptocurrency market. Bitcoin shows a profitability of 82%, Ethereum 86% and Matic is currently holding at 98% due to reaching its ATH just a few days before press time.

Large caps dominate the market

Due to Bitcoin’s relatively stable and positive performance in the crypto market in 2021, the absolute majority of traders and investors will close this year with a profit. Bitcoin has fallen by only 26% of its ATH compared to 50-60% of smaller altcoins.

Ethereum, on the other hand, has shown even more impressive performance by losing just 16% of its most recent ATH, as well as showing a more impressive performance over the year compared to BTC.

Smaller altcoins are losing positions

While smaller altcoins like Shiba Inu have shown impressive performance over the year, growing over 1000% in less than a month, nearly half of the people who own those assets are breaking even or they are losing money.

Such a distribution is tied to the fact that the majority of the market has entered altcoins like Shiba Inu closer to or right at the top, putting them in an increasingly bad position. With Shiba Inu retreating by almost 60% and other altcoins like LINK moving in the range, a large chunk of small-cap investors are closing the year at a loss.


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