Latest reports leading crypto asset Bitcoin It shows that it has surpassed its competitors in the top 10 list. Bitcoin has surpassed popular meme coin DOGE and Cardano’s native coin ADA. The report shows that BTC whales and smaller investors have been much more active in Dogecoin and Cardano lately.
Bitcoin Outperforms DOGE and ADA in Wallet Activity
On-chain data aggregator Santiment reports on the recent activity of wallet holders holding BTC, Dogecoin and Cardano. published. The tweet says that the number of non-empty BTC wallets is rapidly increasing despite high volatility causing “volatile prices.” dogecoin As for leading altcoins like and Cardano, DOGE wallets grew earlier this year but have now flattened their upward curve. As for Cardano’s ADA, Santiment says it is “one of the few networks to see active wallets decline.”
📊 The total amount of non-empty #Bitcoin Wallets are rapidly growing despite choppy prices. #Altcoin wallets for assets like #dogecoin have flattened after enormous rises earlier this year. #Cardano is one of the few networks to see active wallets drop. https://t.co/itg9qMes7c pic.twitter.com/yrOlEQw3jy
— Santiment (@santimentfeed) April 27, 2024
NEWS CONTINUES BELOW
Despite this data, another on-chain data company using Santiment data, cryptocurrency Analyst and trader Ali Martinez reported that a significant decrease in the activities of BTC whales has been detected in the last two weeks. He suggested that a significant increase in Bitcoin whale transactions could contribute to pushing the Bitcoin price higher from the current level of $62,964.
