The Covesting leaderboards are experiencing increased activity as the Crypto market starts to cool down, creating a dynamic start to the summer season. Intense competition prevails among new copy traders who achieved remarkable returns exceeding 80% in June 2024. Among them, one standout newcomer emerged with an exceptional debut performance, achieving over 200% return on investment within a single month.
Total Profits
The Covesting team meticulously gathers data on the most profitable strategies in history. Topping the charts is BTC55, a relatively new player that has quickly gained prominence in the trading sphere. With an impressive all-time profit of 696.40% and a monthly gain of 122.24%, BTC55's rapid success in just 41 days is remarkable, especially considering the seasoned competition in the field.
Following closely behind is Cinnamon, with a noteworthy 636.05% all-time profit over its 530-day journey. Cinnamon has garnered a loyal following of 262 traders and managed an equity of 62,558 USDT, reflecting its consistency and trustworthiness with a three-star rating.
Securing the third spot is HALVING EFFECT, boasting a 590.53% all-time profit over 541 days. Despite its two-star rating and a modest followership of 10, HALVING EFFECT has accumulated 4,184 USDT in equity, indicating potential for further growth.
SBS Covestingg claims the fourth position with a solid 544.58% all-time profit achieved in just 162 days. With 15 followers and 14,757 USDT in equity, this strategy has proven its effectiveness, earning a two-star rating.
In the fifth spot is wesfin1, displaying a remarkable 541.49% all-time profit. With 261 days of trading, wesfin1 has attracted 28 followers and amassed 4,889 USDT in equity, boasting a high four-star rating that underlines its appeal to investors.
Monthly Profit Analysis
In June 2024, the Covesting team scrutinized the most profitable strategies for the month. See me Rollin24 emerged as the frontrunner with an astounding 376.84% monthly profit, despite operating for only 35 days, gathering 12 followers, and securing a two-star rating.
Dogo, a rising star from the previous month, continued to impress by achieving a 228.67% monthly profit. With 36 days of activity, Dogo attracted 8 followers and accumulated 2,884 USDT in equity, hinting at its growing popularity with a two-star rating.
MoneyMoon claimed the third position, boasting a 174.40% monthly profit over just 38 days. With 5 followers and 490 USDT in equity, MoneyMoon, while still proving itself, managed to secure a one-star rating.
BTC55 made another notable appearance with a 122.22% monthly profit after 41 days of trading, attracting 31 followers and reinforcing its dominant position with a two-star rating.
ETH5K showcased promise with a 99.38% monthly profit, despite its negative all-time performance. Operating for 35 days with one follower, ETH5K's zero-star rating indicates room for improvement.
Monthly Profit Among Newcomers
The Covesting team singled out the most profitable strategies developed in June 2024 by newcomers. ComudiCryptonis led the pack with an impressive 205.91% monthly profit in just 31 days, accompanied by 2 followers and a three-star rating, showcasing a strong start.
Following closely is gonnaWIN with a commendable 131.20% monthly profit over 23 days, attracting 4 followers and achieving a two-star rating, positioning it as a strategy to keep an eye on.
Sexiertimes made a striking entrance with a remarkable 122.73% monthly profit in a mere 10 days. Despite its zero-star rating and a single follower, Sexiertimes' performance has garnered attention.
Bear is here roared into fourth place, boasting an 82.36% monthly profit within 9 days of trading, attracting 2 followers and accumulating 143 USDT in equity.
Coin Titan completed the top five newcomers with an 81.48% monthly profit in 10 days, gaining 4 followers. While still finding its footing as indicated by a zero-star rating, Coin Titan's potential is evident.
Maximum Win Ratio Standings
The Covesting team analyzed strategies based on maximum win ratio in June 2024, listing traders in ascending order by their win ratio. Comunidad CS and MDE UP shared the limelight with a flawless 100% win ratio, achieved over 94 and 35 orders, respectively.
wesfin1 joined the 100% win ratio club with 37 impeccable orders, alongside an impressive 541.49% all-time profit recorded over 261 days.
LTMMS came close to perfection with a commendable 98.70% win ratio across 77 orders during its 318-day journey.
ETHdevelopment rounded out the top five with a notable 97.33% win ratio over 75 orders in a 97-day period.
June 2024 Covesting Copy Trading Summary
The influx of talented newcomers and the recurring success of traders in subsequent reports highlight the growing popularity of Copy Trading as a lucrative strategy during the Crypto market slowdown. The evolving landscape of traders promises exciting developments in the upcoming months. Stay tuned for the next report to track the performance of traders in July.
