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Report: In 2024, encryption investors averaged a profit of 5482 US dollars, up 518% from 2023 rise.
ChainCatcher message, according to The Block, the latest report from the cryptocurrency tax software platform CoinLedger shows that the average profit of investors in 2024 is $5482 in encryption, a significant rise of 518% from $887.60 in 2023. The data is based on statistics from over 500,000 users, 80% of whom are from the United States. The report shows that SUPER, HYPE, and Bitcoin contributed the largest unrealized gains. CoinLedger CEO David Kemmerer said that the 2024 presidential election has pushed the enthusiasm for digital assets to new highs. On the other hand, Ethereum is leading the decline due to intensified competition from Solana, with ADA, POL, ATOM, and CRO ranking in the top five unrealized losses.