Dogecoin Outperforms Major Altcoins Amid Surging Whale Activity and Wallet Growth
Release: 2024/05/04 05:39 Reading: 208
Dogecoin Outperforms Altcoins, Sets Sights on Bull Run
Dogecoin (DOGE) has outpaced major altcoins like XRP and ADA, showcasing impressive growth in wallet numbers and market movement.
Wallet Growth and Market Momentum
Recent data from Santiment reveals a surge in whale activity, propelling Dogecoin's growth. The meme coin has achieved a 27% increase in nonempty wallets, reaching 6.6 million.
Bitcoin and Ethereum remain dominant with significant wallet growth, reaching 53.9 million and 120.7 million, respectively. Toncoin (TON) has surged to 16,800 wallets, marking a 110% growth rate.
Dogecoin's Bullish Outlook
Analyst Ali Martinez predicts a potential bull run for Dogecoin, drawing parallels with its past performances in 2017 and 2021. He cites the coin's breakout from a descending triangle pattern, an indicator associated with price rallies.
Sorted by greatest growth in the past 6 months, here is the net change of non-empty wallets among top market caps in #crypto (apologies to #BinanceCoin and #Solana, not pictured in this study): #Toncoin $TON 16.8K wallets (+110% growth) #Dogecoin $DOGE 6.6M wallets… pic.twitter.com/IhjJn6syn2— Santiment (@santimentfeed) May 3, 2024
Cryptocurrency Market Milestones
Bitcoin has set a new record for nonempty wallet addresses, reaching 53.85 million. Toncoin has also experienced rapid growth, with its wallet numbers soaring to 16,800.
These milestones indicate a maturing cryptocurrency market and growing acceptance of digital assets.
Recent news
More>- 60.9 Billion Dogecoin (DOGE) in 24 Hours, What's Happening? 11-27
- Historic Milestones: Bitcoin approaching $100,000 and Pepe Unchained secures over $52 million in presale 11-27
- UK’s financial regulator to implement final crypto rules by 2026 11-27
- Dogecoin’s Dogebox Will Revolutionize Everyday Transactions in 2025 11-27
- From Dogecoin to Dogen: The 10,000% Rally Everyone Is Talking About! 11-27
- Bets.io – one of the most wonderful and safe online crypto-casinos 11-27
- This week’s crypto opportunities: Buy signals for XRP, LINK, and XYZ 11-26
- Trump’s Pet Pepe (TRUMPEPE) Solana Memecoin Will Rally 18,000% Before Exchange Listings, As Shiba Inu and DOGE Lag 11-26
- Analyst Predicts This Layer-2 Meme Coin Could Surge 150X at Launch 11-26
Selected Topics
More>>-
- pepecoin Price Analysis
- This topic provides articles related to PepeCoin price, covering key PepeCoin insights and analysis
-
- pepe:meme star
- This topic provides articles related to the most promising meme, PEPECOIN, a project with the potential to become a mainstream digital currency. It has the advantages of decentralization, reliability, ease of use, fast speed, low cost and scalability, and is expected to be more widely used in the future
-
- pepecoin price prediction
- We’ve gathered facts about pepecoin’s success story and provided a pepecoin price prediction
Selected Articles
More>>- 1 Avalanche and Aptos rival raises over $600k in 2 weeks
- 2 Crypto Prices Today: Market Continues Rally With BTC, Pepe Coin, SEI Rising
- 3 Major Analyst Crypto Tony Bullish on These Meme Coins, But One Stands Out
- 4 MTAUR Ready to Crush DOGE and PEPE: 100x Price Growth Incoming?
- 5 Memecoins Surge in 2024, Popcat Leads with 7,621% YTD Gain, Outshining Top Crypto Tokens
- 6 PEPE Meme Coin Smashes ATH – See How Much an $83 Investment in Pepe Coin Last Year is Worth Now
- 7 Top 4 Altcoins At 70% Discounts – Last Chance!
- 8 Dogecoin Creator Proposes DOGE to NBA Legend Scottie Pippen
- 9 Top Analyst Who Predicted Dogecoin (DOGE) Last 170x Rally Forecasts New Parabolic Rise, Here’s His Price Target
- 10 New Solana Memecoin Trump Loves Elon to Rally 15,000% Before Exchange Listing, SHIB and Bonk Crash
ABOUT US
We are building the most influential，trusted information platform for aglobal community engaged in thd transformation of the financial system andthe emerging crypto economy.PEPE is an integrated platform for media,events,data & indices for the next generation fo investing and the future of money.
Get in touch with the PEPE team at admin@pepecoinbuy.com