Report: In 2024, the average profit for cryptocurrency investors is $5,482, an increase of 518% compared to 2023

according to The Block, the latest report from the cryptocurrency tax software platform CoinLedger shows that in 2024, the average profit for cryptocurrency investors is $5,482, a significant increase of 518% compared to $887.60 in 2023. This data is based on statistics from over 500,000 users, with 80% coming from the United States.

The report indicates that SUPER, HYPE, and Bitcoin contributed the largest unrealized gains. CoinLedger CEO David Kemmerer stated that the 2024 presidential election has driven enthusiasm for digital assets to new heights. On the other hand, Ethereum is leading the decline due to increased competition from Solana, with ADA, POL, ATOM, and CRO ranking among the top five unrealized losses.