Blockchain News Report:
Recent analysis by IntoTheBlock highlights the persistent confidence of cryptocurrency holders in key digital assets. Data shows that Bitcoin (BTC), Dogecoin (DOGE), Shiba Inu (SHIB), and Ethereum (ETH) have the longest holding periods among investors, indicating a high level of trust in these currencies.
Which cryptocurrencies are the most trusted?
The research findings emphasize the impressive average holding period of four years and four months for Bitcoin. Ethereum follows closely behind with an average holding time of two years and four months, while Dogecoin and Shiba Inu have holding periods comparable to Ethereum. Other notable cryptocurrencies such as Chainlink (LINK), TON Crystal (TON), and Cardano (ADA) also make it into the top ten, indicating a trend of long-term commitment among cryptocurrency enthusiasts.
How profitable are these investments?
Data shows that long-term investors have seen substantial returns, with 95.19% of Bitcoin holders currently in profit. Dogecoin investors have also performed well, with a profit rate of 78.92%. However, the situation for Shiba Inu is mixed, with only 52.41% of holders in profit and a significant portion experiencing losses.
Long-term holding yields stable profits.
Bitcoin and major meme coins maintain investor loyalty.
The HODL strategy has proven beneficial in volatile markets.
The trend of long-term asset retention reflects the strategic foresight of holders, especially in unpredictable markets. This commitment applies not only to major cryptocurrencies but also to popular meme tokens.
