- Santiment revealed on Twitter today that the trading volumes for DOGE, LTC, and ETH have been increasing.
- Traders were drawn to DOGE after it saw its price rise by 8+% over the past 24 hours.
- Both LTC and ETH saw their prices drop throughout the past day of trading.
According to the on-chain analytics and intelligence platform, Santiment, trading volumes for Dogecoin (DOGE), Litecoin (LTC), and Ethereum (ETH) have been on the rise. DOGE, in particular, has drawn attention from traders after experiencing a significant price jump earlier today. The meme coin’s trading volume surged to its highest level since April’s first week.
LTC’s trading volume has also been climbing steadily as interest in the altcoin grew due to its anticipated halving, which is just around the corner. Meanwhile, ETH’s trading volume experienced a notable spike as well.
In the past 24 hours, DOGE saw an impressive 8+% price increase, landing it a spot on CoinMarketCap’s trending list. At press time, DOGE was trading hands at $0.07731, which was just below its daily high of $0.07798. DOGE’s latest price jump succeeded in pushing its weekly performance up to +11.12% as well.
As suggested by Santiment, the meme coin’s 24-hour trading volume surged by 508.77%, reaching around $1.75 billion. Meanwhile, its market cap of $10,824,310,809 meant that DOGE was ranked as the seventh largest cryptocurrency.
On the other hand, both ETH and LTC saw their prices decline since the previous day. The leading altcoin was priced at approximately $1,825.19 after a 0.95% decrease, but it managed to strengthen against Bitcoin (BTC) by about 1.24%. Furthermore, ETH’s 24-hour trading volume stood at $5.95 billion, representing a 30+% increase from the day before.
LTC’s was valued at $89.11 after slipping more than 3% in the past 24 hours. The altcoin also weakened against both BTC and ETH by 1.43% and 2.66%, respectively and its weekly performance was down by 3.10%. However, similar to DOGE and ETH, LTC’s 24-hour trading volume also increased, climbing by 45.61% to reach $528,010,168 at press time.
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