• Press Releases
    • Submit a press release
    • Read All
  • Contact us
Advertise
Bitcoinist.com
No Result
View All Result
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Breaking News: Is The Approval Of Crypto ETFs At Risk? SEC Operations Frozen By Gov. Shutdown
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Bitcoinist.com
No Result
View All Result
Breaking News: Is The Approval Of Crypto ETFs At Risk? SEC Operations Frozen By Gov. Shutdown
XRP

XRP Supply In Profit At 78.8%, Here’s How Dogecoin, Bitcoin Compare

Keshav Verma
by Keshav Verma
1 year ago
·
Posted in XRP
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Santiment has revealed how major cryptocurrencies like XRP, Bitcoin, and Dogecoin currently compare regarding supply profitability.

XRP, Dogecoin, And Other Assets Compared On Basis Of Profitability

In a new post on X, the on-chain analytics firm Santiment discusses how the various top coins in the cryptocurrency sector currently stand in terms of Supply in Profit.

The “Supply in Profit” here refers to an indicator that keeps track of the total percentage of any given asset’s supply in circulation that’s currently carrying some amount of net unrealized profit.

Unlike the version of this metric from some other analytics firms, where a coin is decided to be in profit or loss by comparing the spot price against the last price at which the coin transferred on the blockchain, Santiment’s indicator instead uses the price at which the token was initially mined as its “cost basis.”

Related Reading: Bitcoin Open Interest Sets New All-Time High: Is Price Next?

With this methodology, all asset tokens mined at a higher price than the current one would stand in loss, while those mined at lower prices would be considered in profit.

Naturally, the Supply in Profit sums up all coins satisfying the latter condition and calculates what percentage of the total circulating supply they make up for.

Now, here is a chart that shows the trend in the Supply and Profit for some of the largest coins in the sector over the past few months:

Bitcoin, XRP, Dogecoin Supply In Profit

Looks like Bitcoin is at the top of this list at the moment | Source: Santiment on X

As displayed in the above graph, the worst top coin in terms of Supply in Profit out of the coins in the list is Cardano (ADA), which has just 53.5% of its tokens in the green.

XRP (XRP) is the second worst at 78.84%, while Dogecoin (DOGE) is just above with 82.16% of the supply above water. In terms of the best performing assets, Bitcoin (BTC) and Ethereum (ETH) stand out, with the indicator at 98.3% and 95.1%, respectively.

This means that these two coins, the largest in the sector based on market cap, have nearly all of their supply mined below their current spot price.

Under the X post, a user asked Santiment about the situation with Polygon (MATIC). The analytics firm replied with a chart for the asset, showcasing that 35% of its supply is in profit based on this metric.

Polygon (MATIC) Profitability

The value of the indicator appears to be quite low for MATIC right now | Source: Santiment on X

This means that Polygon is worse in this metric than the likes of Cardano, XRP, and Dogecoin. Santiment explains, though, that the trend “likely has something to do with MATIC being introduced amid the 2019 bear market. So with this particular metric, it started out with quite a bit of a handicap.”

Related Reading: Bitcoin Whales Continue Buying, Now Control Over 40% Of Supply

Now, what significance does the Supply in Profit hold for any cryptocurrency? Usually, the higher the supply in profit for any asset, the more likely it is for a selloff to occur.

Thus, it’s possible that coins with extreme profitability could be near at least a local top. Assets with a relatively lower value of the metric, like XRP or Dogecoin, on the other hand, may have more room to grow before profit-taking becomes a significant threat.

XRP Price

At the time of writing, XRP is floating around $0.52, up 1% over the past week.

XRP Price Chart

The price of the asset appears to have not moved much over the last few days | Source: XRPUSD on TradingView
Featured image from Kanchanara on Unsplash.com, Santiment.net, chart from TradingView.com
Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
ShareTweetShareShare

Sign Up for Our Newsletter!

For updates and exclusive offers enter your email.

I consent to my submitted data being collected and stored.
Keshav Verma

Keshav Verma

Follow

Keshav is a Physics graduate who has been employed as a writer with Bitcoinist since June 2021. He is passionate about writing and through the years, he has gained experience working in a variety of niches. Keshav holds an active interest in the cryptocurrency market, with on-chain analysis being an area he particularly likes to research and write about.

Full Profile

Related Posts

XRP

Analyst Says XRP Price Target Of $27 Still Holds – ‘The Ride Has Just Begun’

7 hours ago
XRP price

XRP Price Can Hit $1,000 With Mass Adoption By Banks And Institutions, Analyst Says

9 hours ago
Cardano

Cardano Reserves On Coinbase Explode 462% Amid Reports Of XRP Reserve Depletion

14 hours ago
XRP Ripple news

Ripple Maps XRP Ledger’s Future: ‘No Privacy, No Adoption’

18 hours ago
XRP

Market Strategist: What You Should Expect For The XRP Next Leg

1 day ago
Ripple XRP

Analyst Shares ‘Realistic’ XRP Price Prediction For 2025 – It’s In The Double-Digits

1 day ago

Premium Sponsors

Press Releases

  • The Quiet Market Shift Investors Might Be Missing: How Tapzi Is Challenging Institutional Favorites

    The Quiet Market Shift Investors Might Be Missing: How...

    19 hours ago
  • Investors Search for Long-Term Upside in This Under-$0.01 Crypto of 2025 Tapzi

    Investors Search for Long-Term Upside in This Under-$0.01...

    21 hours ago
  • MoonBull Presale Explodes with over 11,800% Projected ROI as Uptober Sends the Market Soaring

    MoonBull Presale Explodes with over 11,800% Projected ROI...

    22 hours ago
  • 狗狗幣引領『Uptober』Meme...

    1 day ago
  • ตัวละคร Snorter ขนฟูโต้คลื่นบนเซิร์ฟบอร์ดสีชมพู

    จับตา Uptober!...

    2 days ago

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Bitcoin

  • News
  • Price
  • Businesses
  • Acceptance
  • Technology
  • Investment
  • Regulation
  • Reviews

Altcoins

  • News
  • Price
  • Ethereum
  • Ripple
  • Litecoin
  • EOS

Categories

  • Blockchain
  • Security
  • FinTech
  • Technology
  • Trending
  • Breaking News
  • Press Releases
  • How to

About Us

  • Advertise
  • Contact us
  • Editorial Policy
  • Privacy Policy
© 2025 Bitcoinist.com. All Rights Reserved.
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
      • Crypto Betting
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Advertise

© 2025 Bitcoinist. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.