CRYPTO 2024!

The crypto bull market of 2024, ushered in a new All Time High of $73,750 for Bitcoin, and ever since then crypto currencies and Blockchains have quickly become the talk of the financial market once again.

Coins backed by industry giants like Bitcoin, Ethereum, BNB and Solana are usually known as investors favorites, and have proven themselves over time to be the best coins to hodl (hold) as a long-term investment.
But without further delays, let’s dive into the findings from the team at CoinLedger and see if these coins still hold up as our favorites in 2024.

Starting off at the top data gathered from the press release, CoinLedger named these 6 coins (in order) as the largest to have made investors unrealized gains in terms of raw dollar amount;

1. Bitcoin.
2. Ethereum.
3. Solana.
4. Cardano.
5. Polygon.

BNB.
It is worth noting that despite all ongoing regulatory implications and controversies surrunding former CEO Changpeng Zhao, Binance’s BNB still made it to the top 6 coins to have profited investors.

Following the discoveries of the press release, a few coins were listed to have made investors the most loss by raw dollar amount and they include;

1. Voyager Token.
2. Chainlink.
3. Luna.
4. Hedera.
5. Tezos.

The Voyager Token was developed by Voyager exchange, which recently announced it’s bankruptcy, so it was to no surprise that it made the list.
Perhaps the most disappointing on the list would be Chainlink –as Chainlink remains one of the leading innovative industries transforming day to day interactions with Blockchains and smart contracts.

When it comes to storing cryptocurrency, both hardware and software wallets are great, and have their own large user base, but the press release made it clear which are users favorites.

1. Metamask.
2. Ledger Wallet.
3. Coinbase Wallet
4. Trust Wallet
5. Phantom.

Lastly, the press release features the most used exchange where users held their cryptocurrencies.
Again, despite recent controversies Binance and Coinbase still made it to the top, as the most used exchanges.
The list goes as follows;

1. Binance.
2. Coinbase.
3. KuCoin.
4. Crypto.com.
5. Binance.US.
6. Kraken.
7. Gemini.
8. Uphold.
9. MEXC.
10. Bybit.

Amazingly, KuCoin — which had seized operations in the US 2023 — still claimed a place in the top 3 spot on this list, as one of the most used exchanges for cryptocurrency users.