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Litecoin and Dogecoin Stand Out With Increased Activity

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Sun, 20/08/2023 - 15:07
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Litecoin and Dogecoin Stand Out With Increased Activity
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Major digital assets like Bitcoin and Ethereum have largely seen stable activity concerning their active addresses, according to recent data from blockchain analytics firm IntoTheBlock.

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However, two altcoins, namely Litecoin (LTC) and Dogecoin (DOGE), have caught the attention of the market with notable surges in address activity.

Specifically, Litecoin boasted a notable 231.27K in daily active addresses while Dogecoin logged 46.08K, according to data provided by the firm.

Recently, IntoTheBlock highlighted these unexpected shifts, stating that despite the intricate market conditions, both Litecoin and Dogecoin exhibited significant spikes in recent times.

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Market data aggregator CoinGecko provides additional insight into the performance of these cryptocurrencies. As of their latest update, Dogecoin is priced at $0.064, showing a slight 1.3% gain over the week.

Meanwhile, Litecoin is changing hands at $64.77, experiencing a minor 0.2% dip over the past 24 hours while recording a 1.5% uptick over the week. Nevertheless, its monthly figure does indicate a 22.0% decrease.

In other news, perpetual Litecoin and Dogecoin futures linked to Binance USD (BUSD) were recently delisted from the largest exchange.

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

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