$TRX
The cryptocurrency market is currently in a much higher arena. Several assets in the industry have surged in the past two months, continuing to provide profits for the majority of the community. The latest growth is essential for the market, especially after the FTX disaster, which brought the ecosystem down to significant lows. But its recent revival has brought increased profits to the industry.
According to recent data from IntoTheBlock, several top cryptocurrencies have emerged as profitable options. Currently, Justin Sun's Tron (TRX) is at the top of the rankings. An astonishing 100% of its holders are making money at the current price of TRX. It is worth noting that TRX reached an all-time high of $0.4407 earlier this week.
As the image shows, Bitcoin (BTC) ranks second with 96.53% of holders in profit. The king coin has recently surged to a high of $103,900.47. At the time of the press release, BTC is trading at $98,034.59. Despite this drop, holders of this asset have been seen pocketing profits.
Ethereum (ETH) holders rank third. About 91.57% of ETH holders are making money from this altcoin. The second-largest altcoin soared to a high of $3,928.40 but has yet to surpass the $4,000 mark.
Other altcoins such as Toncoin (TON), Avalanche (AVAX), and Bitcoin Cash (BCH) are also generating increasing profits for their investors. More than 80% of altcoin holders are in profit. Meme coins like Shiba Inu (SHIB) are also on the list. 69.14% of holders of the second-largest meme cryptocurrency have made profits.
Some assets outside of those mentioned in the list have also recorded significant increases. For example, the OG meme cryptocurrency Dogecoin (DOGE) has risen by 111% in the past month. However, the percentage of DOGE holders in profit is much lower than the assets listed above.
Additionally, Solana (SOL) also reached a new peak last month. According to CoinMarketCap, SOL hit an all-time high of $263.83 on November 23. Despite this increase, SOL investors have not made it into the top ten cryptocurrencies.