Altcoin Prices Indicate Investors Could End 2022 On A High Note

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Altcoin Prices Indicate Investors Could End 2022 On A High Note
  • Altcoins like Huobi Token, Ethereum, and Dogecoin are trading in the green for today.
  • HT is currently trading at $7.00 after a 2.90% increase in price.
  • ETH’s 24-hour trading volume saw a double-digit increase of more than 11%.

Despite the fact that 2022 has been a rather tough year for crypto, it seems like the crypto market is bouncing back with most altcoins like Huobi Token (HT), Ethereum (ETH), and Dogecoin (DOGE) trading in the green for today. On the other hand, other cryptos like Solana (SOL) are still in the red.

Huobi Token / TetherUS 1D (Source: CoinMarketCap)

The crypto market tracking website, CoinMarketCap, indicates that HT is currently trading at $7.00 after a 2.90% increase in price over the last 24 hours, and after reaching a high of $7.26 over the same time period. This added to the crypto’s success over the last week considering that HT is in the green by almost 40% in seven days.

Ethereum / TetherUS 1D (Source: CoinMarketCap)

ETH also had a successful 24 hours as the crypto is currently up by 5.23% to now trade hands at $1,270.05. The altcoin was also able to strengthen against its biggest competitor, Bitcoin (BTC), by about 2.49% over the last day.

ETH’s 24-hour trading volume also saw a double digit increase of more than 11% to now stand at $8,372,952,964.

Dogecoin / TetherUS 1D (Source: CoinMarketCap)

Another crypto performing well at the moment is DOGE. The meme coin is currently worth $0.1064 after a 3.24% increase in price over the last day. The crypto is also in the green by more than 30% over the last week.

With its market cap of $14,125,492,660, DOGE is currently the 8th biggest crypto in the market right behind XRP in the 7th position.

Many people believe that the positivity in the crypto market indicates that investors will end this year on a high note.

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