Most profitable crypto sectors in first half of 2024 revealed
Blockchain gaming, decentralized finance, and layer-2 platforms lagged behind newly emerging sectors and the current memecoin frenzy.
The most profitable sectors of the cryptocurrency industry in the first half of 2024 have been revealed, with memecoins and newly emerging sectors scooping up the lion’s share of profits.
According to data from BitEye, CoinGecko, and Wu Blockchain, memecoins led the competition by recording a staggering 1,834% returns since the start of 2024. In second place was the real-world asset tokenization sector, which returned 214% to investors. Artificial intelligence blockchain projects returned a healthy 72%, while decentralized physical infrastructure networks (DePIN) saw returns of 59%.
Digital asset staples Bitcoin (BTC) and Ether (ETH) continued to perform well, with ETH showcasing year-to-date gains of 50% and Bitcoin returning roughly 45%.
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Author: Vince Quill
