Axie Infinity and Chainlink Highlight Altcoin Profitability Divide

• A massive 66.75% holders of AXS are currently in loss, down from 91% in April.
• 0% of LINK users are at a loss, down from 48.35% in April.
• The altseason market cap has formed a bullish cup and handle formation.

A significant 66.75% of holders of the blockchain-based trading and battling game, Axie Infinity (AXS), are losing money despite the digital asset rising 55.29% in the last 30 days. Also, Arbitrum (ARB), The Sandbox (SAND), Chiliz (CHZ), Algorand (ALGO), Uniswap (UNI), and Cardano (ADA) holders are on the list.

Over 60.70% of ARB holders, 58.83% of ALGO holders, 56.69% of CHZ holders, and 42.26% of SAND holders are also losing money. A significant 37.22% of Lido DAO (LIDO) holders, 34.01% of UNI holders, 16.07% of ADA holders, and 14.94% of Aave (AAVE) holders are in the red. 

In contrast, none of the Chainlink (LINK) holders currently bear any losses, making it the most profitable altcoin for investors.

LINK is the most profitable for its holders, while AXS ranks as the least. In the last 30 days, LINK jumped 121.81% and trades at $29.22, up 1.37% in the past 24 hours. While LINK is down 44.77% from its all-time high of $52.88, AXS is down a m…

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