For a long time now, the usual token hold has not been particularly profitable, especially for highly volatile coins, simply because there are now many ways to combine the hold with coin multiplication.
Such options include:
Staking
I love the $TON blockchain, so I'll tell you about it. The main staking opportunity here is tsTON, which is currently the main staking token. The main interest of this token is that in addition to the main staking it can be put into a wtableswap pool on STON.fi with active farming and the main APR of liquidity pool - tsTON/TON.
Liquidity Pools
Unlike staking liquidity pools are available for absolutely all tokens available on DEX and their APR depends on swap volumes in the selected pair. Especially volatile coins with low TVL have quite high APR, for example PX/USDT on STON.fi APR is 43%.
Farming
DEX works in such a way that after liquidity providing gives new, so-called LP-tokens, for which staking is also available, which is commonly called farming. With farming liquidity providers who put their LP-tokens into a smart contract will share a fixed reward daily. For example ECOR/TON on STON.fi has more than 1000% APR.