As the summer ends, competition for the Covesting Copy Trading leaderboards heats up. Expert traders and newcomers rise to the top of the ranks, with one new trader dominating with an impressive 874% ROI. Let's take a closer look at the results of August 2024.
Total Profits
The Covesting team collects data on the most profitable Strategies of all time. - **Covesting COV** dominates the total profit list with a remarkable 683.01% profit. Active for just 29 days, the Strategy also claims a bold 874.57% in monthly profit. - **HALVING EFFECT** displays consistent performance and makes it to the top of the total profit ranks again with 524.41% ROI. With an incredible amount of active days - 602, HALVING EFFECT reestablishes its position in the trading space. - **Delta Zero COV** managed to reach a total profit of 439.37% within 29 days, and a noteworthy equity of 7965.17 COV. A 3-star rating suggests this Strategy is able to display greater returns as it develops. - **Anticrisiss** secures the fourth place with a good 369.45% in total profit. Its steady growth and equity of 0.83 ETH push the competition, indicating it may be an appealing Strategy to copy. - **Cinnamon** closes the total profit list with a final score of 250.27%. It has consistently grown over 591 days, accumulating an astonishing equity of 26794.66 USDT. With 264 copiers, this Strategy has displayed efficiency and reliability over time.
Monthly Profits
The Covesting team collects data on the most profitable Strategies in August 2024. - A new trader with just 34 active days also tops the monthly profit ranks. **GOLDFINGER 8k** demonstrated extraordinary performance and reached 185.04% in profit. - **SOL Short** confidently places second with a monthly profit of 62.60% and a total profit of 57.15%, indicating this could be a good Strategy to consider. - Despite a setback of -32.61% in total profit, **TOP COINS Short** maintains a steady trading approach and posts a notable 51.60% in monthly profit. - **BTC Sell** follows the top performers with a monthly profit of 44.89%, suggesting room for further improvement and growth. - Once more, a veteran Strategy rounds up a ranking list. **Klanwi Trading** takes the last place with a solid 40.09%, as it continues to develop throughout 625 active days.
Monthly Profits Among Newcomers
The Covesting team collects data on the most profitable Strategies created in August 2024. - **Covesting COV** claims the top ranks once again with an incredible 874.57% monthly profit. Managing an equity of just 452.74 COV within 29 days, this Strategy makes a bold statement to continue pushing the leaderboards as it grows. - **Delta Zero COV** posted 487.10% in monthly profit as a newcomer. As it aims to reach higher in the leaderboards, it holds an equity of 7967.43 COV and a 3-star rating. - In the third place **Delta Zero USDC** earned a notable 245.01% monthly profit and a matching all-time 227.78% profit, indicating this could be a Strategy to consider in the future. - **Delta Zero USDT** fell short by just a few percent, adding a total of 237.19% in monthly profit. It has earned the trust of 4 copiers and demonstrated steady development. - In the last spot, **Delta Zero ETH** attained a monthly profit of 232.30% and an equity of 0.12 ETH. It earned a 2-star rating and displayed increased interest of investors that consider copying a promising Strategy.
2024 is slowly entering a historically active period. As the last quarter of the year unfolds, many traders anticipate increased activity on the Cryptocurrency markets. How will the Covesting Copy Trading leaderboards change and what Strategies will take the lead? Make sure to read our next month's report to learn how traders performed in September.
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