According to data provided by the on-chain data analysis platform IntoTheBlock, Bitcoin (BTC) $98,320, Dogecoin $0.436837 (DOGE), Shiba Inu (SHIB), and Ethereum (ETH) $3,419 stand out as cryptocurrencies with the longest investor holding periods. This situation indicates that cryptocurrency investors have strong confidence in these digital assets. Let us examine the list of the most reliable cryptocurrencies based on their long-term holding periods.
Most Reliable Cryptocurrencies
IntoTheBlock’s analysis reveals that Bitcoin, Ethereum, Dogecoin, and Shiba Inu are among the assets with the longest HODL periods among cryptocurrency investors. Bitcoin ranks at the top with an average HODL period of four years and four months.
Ethereum holds the second position with an average HODL duration of two years and four months. Both Dogecoin and Shiba Inu have the same average HODL period as Ethereum, belonging to the meme coin category. Chainlink $18, Toncoin, Tron, Cardano $1, Tether, and Avalanche also feature in the top ten list. Investors tend to patiently hold onto cryptocurrencies they trust for their long-term performance.
Investor Performance
According to IntoTheBlock data, a significant percentage of those who invest in Bitcoin for extended periods are making profits. Currently, 95.19% of BTC holders are in profit, while 4.81% are neutral. Among Dogecoin holders, 78.92% are profiting, 18.38% are at a loss, and 2.70% remain neutral. Shiba Inu investors report that 52.41% are in profit, while 43.41% are at a loss, and 4.18% are neither in profit nor loss.
Shiba Inu investors, with an average HODL period of two years and four months, are highlighted as one of the long-term investor groups. Indeed, the avoidance of new annual lows in the price chart confirms that medium-term expectations are positive among investors.
Holding onto purchased assets for an extended period in the cryptocurrency market yields profits. Investors have been holding not only leading coins like Bitcoin but also the largest meme coins for a long time.