Which Top Altcoins Still Aren’t Making Returns

RESEARCH REVEALS WHICH TOP ALTCOINS ARE STILL NOT MAKING RETURNS

“Altcoins are still in the depths of crypto winter no matter which way you look at it. A handful have performed better than others, and new research has revealed which ones would have left most investors out of pocket…

…The biggest loser with 73% of addresses holding it now below their average purchase price was Ethereum. ETH is still down 87% from ATH and in the depths of a two year bear market.

Until it cracks past the psychological $200 barrier and makes larger gains, it remains a loser in terms of token price. Ethereum is still wallowing around the same level it was at in mid-2017, but back then things were wildly bullish.

Litecoin is another loser with 62% of LTC addresses having bought above current prices which are around $60. Cardano is another altcoin that has been utterly trounced and 60% of ADA holders are running at a loss according to the findings. Ethereum Classic was the other non-profitable altcoin with 51% of addresses in the red.”

 

https://bitcoinist.com/research-reveals-which-top-altcoins-are-still-not-making-returns/

Master Asked on January 28, 2020 in Bitcoin.
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