CoinDCX Report Indicates a Shift in Crypto Investment Strategies, with 51.5% of Portfolios Now Held in Bitcoin (BTC) and Altcoins

Among crypto assets, tokens like SUI (374.30%) and DOGE (338.60%) led gains with valuations exceeding $10 billion, says CoinDCX data.

Cryptocurrency investors are increasingly opting for long-term investment strategies, with over 51.5% of their portfolios now allocated to Bitcoin (BTC) and altcoins, a report by Bengaluru-based crypto exchange CoinDCX for the year 2024 has revealed.

Among crypto assets, tokens like SUI (374.30%) and DOGE (338.60%) led gains with valuations exceeding $10 billion, according to CoinDCX data, while meme-coin Popcat saw an unprecedented rise (14,844%), underscoring the dynamic and volatile nature of the crypto market.

The crypto exchange also reported a substantial increase (159.65%) in trading volume during the year 2024, with a more than three-fold surge in assets under management (AUM).

From January 1, 2024, to November 5, 2024, total investments on the exchange amounted to $2.94 billion, averaging $9.5 million daily. However, post-US election results, investments surged to $1.2 billion in just 34 days, from November 5 to December 10, with a daily average of $35.3 million.

Tier-2 cities contributed 40% to the nationwide crypto activity on the exchange, with Delhi and Mumbai leading the way with a combined 22%.

Interestingly, the report also highlights that women comprise 20% of CoinDCX’s high net-worth individuals (HNI) customers, driving the trend from tier-2 cities. Delhi (28.3%), Lucknow (19.16%), and Hyderabad (16.5%) lead the way, with ETH, BTC, MATIC, and DOGE being their preferred tokens of choice.

“As we close the year, one message stands out clearly—the maturation of investors and the industry itself. This year’s data demonstrates not just the resilience of the crypto market but also the increasing confidence of investors who are building balanced portfolios for long-term growth. This transformation fuels my confidence in the future of digital assets and their role in reshaping global finance,” said Sumit Gupta, Co-founder of CoinDCX.

notably, in 2025, several IPOs from U.S.-based crypto and Web3 ecosystems are expected to reshape the crypto landscape by enhancing transparency and attracting institutional investors.

"This influx of investment (for these IPOs) will not only boost confidence in the sector but also provide investors with clearer insights into its financial health, growth prospects, and long-term viability," the company stated.