Bitcoin is the fastest-growing cryptocurrency in recent purchases, surpassing two other top-10 currencies
According to a recent report, the cryptocurrency Bitcoin is now the leader in the market. It has surpassed its competitors — DOGE’s original meme token and Cardano PoS token ADA.
This report shows the following: Bitcoin Whales Recent activity among smaller investors has been more than double that of Dogecoin or Cardano.
Bitcoin wallets beat DOGE and ADA
Santiment, an on-chain data aggregater, has released a report that details the activity of Bitcoin wallet holders. Dogecoin Cardano.
In the tweet, it is stated that the amount of Bitcoin wallets which are not empty has increased at an accelerated pace, despite high volatility. This has caused “choppy” prices.
Santiment claims that Cardano’s ADA is “one the few networks where active wallets have dropped.”
Ali Martinez is a cryptocurrency trader and analyst who uses Santiment’s data. He has stated that despite this data, over the last two weeks, there was a significant increase in Bitcoin. Bitcoin Whales Activity Drops The detection of a virus has occurred.
He said that an increase in Bitcoin whale transaction could help boost the Bitcoin price above the $62,964 current level.
Author
Yuri has a passion for technology and innovation. Since 2017, he has written about DLT, crypto and blockchain. He believes that blockchains and cryptos have the potential to change the world for the better in the near future. His articles have appeared in multiple crypto-media outlets. Some crypto influencers have cited his articles, including Tyler Winklevoss and John McAfee.
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