Dogecoin (DOGE), Litecoin (LTC), and Ethereum (ETH) purchasing and selling volumes have increased recently, according to the on-chain analytics and intelligence platform Santiment. After suffering a significant price increase recently, businesses have taken DOGE, in particular, into mind. The amount of meme coins purchased and sold increased to its greatest level since the first week of April.
LTC’s trading volume has also been slowly increasing as interest in the alternative coin increased due to its impending halving, which is just around the corner. While this was happening, ETH’s trading volume also saw a significant increase.
In the last 24 hours, DOGE’s price has increased by an impressive 8+%, landing it a spot on CoinMarketCap’s trending list. for the time of publication, DOGE was buying and selling stock for $0.07731, which was a little less than its daily maximum of $0.07798. The most recent value surge for DOGE was successful in raising its weekly efficiency to +11.12%.
The 24-hour trading volume of the meme coin increased by 508.77% under Santiment’s guidance, hitting over $1.75 billion. With a market valuation of $10,824,310,809, DOGE was the seventh-largest cryptocurrency in the meantime.
However, since the day before today, both ETH and LTC have seen a decrease in price. The primary altcoin was trading at about $1,825.19 after falling by 0.95%, but it still managed to gain ground on Bitcoin (BTC) by about 1.24%. Additionally, $5.95 billion worth of ETH was traded in the 24-hour period, up more than 30% from the day before.
LTCs were worth $89.11 after declining more than 3% over the previous 24 hours. Additionally, the altcoin lost ground against both BTC and ETH by 1.43% and a pair of.66%, respectively, and its weekly efficiency fell by 3.10 percent. However, LTC’s 24-hour trading volume increased as well, increasing by 45.61% to reach $528,010,168 at press time, just like DOGE and ETH.
