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The median cryptocurrency investor saw their portfolio grow by $5,482 in 2024, according to a recent report by crypto tax and portfolio tracking platform CoinLedger. The study analyzed data from more than half a million users, highlighting key trends in the digital asset market, including top-performing tokens and the impact of regulatory changes on trading platforms. Winners and Losers According to the report shared with CryptoPotato , SUPER, the native token of the blockchain gaming ecosystem SuperVerse, delivered the highest unrealized gains for investors. It was closely followed by Hyperliquid’s HYPE token, indicating growing interest in niche blockchain projects. Data from CoinGecko shows that SUPER peaked at about $2.18 in December 2024, having started the year priced below $0.61. It is currently trading just above $0.71, showing a 36.2% drop across 12 months but a nearly 11% improvement over the last 24 hours. On its part, HYPE experienced rapid growth between November 29, when it launched, and December 22, when it hit an all-time high of $34.96. Although it registered a 4% uptick in the last 30 days, its price at the time of writing was still almost 30% below its highest-ever level. Other coins that made it into CoinLedger’s list of top gainers include Bitcoin (BTC), which has broken multiple price records in the last two months, Shiba Inu (SHIB), and Render (RENDER). On the flip side, the study shows that Ethereum (ETH) and Cardano (ADA) led the pack for the largest unrealized losses. CoinLedger’s analysts suggest that increased competition from blockchains like Solana may have contributed to Ethereum’s underperformance. Polygon’s MATIC, Cosmos (ATOM), and Cronos (CRO) also fared poorly. Holding Patterns and Exchange Preferences Regarding long-term holdings, the report confirmed that Bitcoin is still the most trusted store of value, carrying the crown for the second year running. ETH, XRP, and ADA were also popular choices for long-term holders. The survey also noted a marked shift in exchange preference among investors. Coinbase and Crypto.com pushed aside Binance, which has been the top choice in previous years, to become the two most popular exchanges among crypto investors. This change is most likely due to regulatory challenges Binance faced in multiple jurisdictions, including a $4.3 billion settlement with the U.S. Justice Department over accusations of conducting an unlicensed money-transmitting business and failing to maintain an effective anti-money laundering (AML) program. The exchange’s co-founder, Changpeng Zhao (CZ), also served a four-month prison sentence for similar violations and was forced to step down from his role as CEO. The post 2024 Crypto Report: Bitcoin Stable, Ethereum Declines, Niche Tokens Rally appeared first on CryptoPotato .
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Your Gateway to Crypto Riches: Explore Five Promising Coins Poised for Growth
The digital currency market offers a landscape of opportunities, especially for those venturing into it for the first time. This financial frontier is not just about well-known coins but also includes emerging tokens that could redefine wealth-building strategies. As these currencies rise in prominence, they open doors for new investors eager to explore the potential of this transformative sector. Embark on the Catzilla Adventure: A Meme Coin with a Roaring Future In the bustling arena of meme-based cryptocurrencies, Catzilla is quickly rising as a formidable player. Inspired by iconic tokens such as Dogecoin and Shiba Inu, this coin fuses the charm of meme culture with real financial prospects. Featuring a Godzilla-esque feline mascot, Catzilla embraces the spirit of Japanese kaiju mythology, attracting both gaming enthusiasts and savvy investors. Catzilla aims to reshape the meme coin landscape by encouraging a community-driven approach that promotes a fair and decentralized ecosystem. ???? Disrupting the Status Quo with Catzilla ???? Catzilla is carving its niche by offering investors opportunities for substantial returns, with a presale system that steadily increases in value through its 14-phase rollout. This strategy is designed to entice early adopters with significant prospects. ⚡ Experience Triple the Gains ⚡ Central to Catzilla`s allure is its threefold promise: an engaging gaming platform, a unifying vision, and an energetic community. Participants not only partake in an immersive gaming experience but also enjoy the benefits of participating in a vibrant financial movement. ???? Embrace the Catzilla Phenomenon ???? Catzilla serves as a beacon for those disillusioned by traditional finance, with a mission to uphold the playful yet decentralized essence of meme coins. It strives to create a transparent environment that champions equity for its community. Dive into the Catzilla Craze! $CATZILLA Is Climbing—Secure Your Slice! UNI by Uniswap: A Token at the Heart of Governance and Change Launched amidst rising competition, Uniswap`s UNI token empowers users with governance capabilities. Distributed initially to reward loyalty, it granted early users significant financial incentives. Uniswap`s decentralized model, combined with its automated liquidity, offers users efficient trading without intermediaries, making it a pivotal player in the DeFi ecosystem. Raydium (RAY): Pioneering DeFi through Solana`s Speed As an innovative AMM, Raydium enhances DeFi services on Solana with seamless integration into Serum`s DEX. By converting deposits into limit orders, Raydium provides liquidity providers access to a larger order flow, enriching the decentralized finance landscape with superior speed and efficiency. Arbitrum`s ARB: Pushing Ethereum`s Boundaries with Layer-2 Solutions Arbitrum stands out in its quest to amplify Ethereum`s capabilities through Layer-2 optimizations, presenting a scalable solution that enhances transaction speed and efficiency. Its governance token, ARB, facilitates ecosystem developments, offering users a voice in its evolution. XRP: Revolutionizing Transactions with Speed and Security The XRP token, underpinned by the XRP Ledger, targets seamless, cost-effective transactions across borders. Its decentralized infrastructure supports rapid financial exchanges, positioning it as a key player for those prioritizing quick and secure digital transactions. Final Thoughts Though coins like UNI, RAY, ARB, and XRP present substantial technological promise, Catzilla`s distinct appeal as a meme token offers an enticing prospect for those seeking transformative returns. Starting at $0.0002 and scaling to $0.0016 in its presale, Catzilla is set to redefine financial freedom. Website: Catzilla ($CATZILLA) Follow Us on Twitter: https://x.com/CatzillaToken Join the Discussion on Telegram: Telegram Group Get the Latest on Telegram Disclaimer: This content is sponsored and serves informational purposes only. It does not reflect Bitzo`s views and is not intended as legal, tax, investment, or financial advice. Crypto Potato
Has El Salvador halted daily Bitcoin purchases amid IMF loan agreement?
El Salvador`s pause in Bitcoin purchases may signal a shift towards more traditional financial strategies to secure international support. The post Has El Salvador halted daily Bitcoin purchases amid IMF loan agreement? appeared first on Crypto Briefing . Crypto Potato
