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Showing posts with the label asset&rsquo

Has XRP been faring better than Bitcoin, Ethereum, Dogecoin?

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The past week has been pretty monotonous for the sixth largest crypto asset. Post noting a negligible 0.89% incline, XRP’s price has been stuck around the same level where it was 7-days ago. Source: CMC Contrastingly, Bitcoin and Ethereum have rallied by 6.2% and 18.5% on the weekly. Dogecoin, on the other hand, has appreciated by a whooping 101% in the same time frame. On the on-chain front, XRP was the sixth most active chain at press time. All the other networks of the aforementioned cryptos, along with Cardano and Litecoin, stood higher than XRP. After more than $430 million in volume on its blockchain over the past 24 hours, XRP made $431 via fee. The number was around double for Litecoin, while others reaped even more. Source: Messari Alongside, the number of active XRP addresses have also been hovering around a level as low as 50k. Simply put, an address is considered to be  active&nbsp ;when it becomes a direct participant in a successful transaction.

Why did Shiba Inu miss out on this Cryptos' list?

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Prices of top assets from the crypto market hardly fluctuated this week. Bitcoin remained stagnated around the $19k threshold, while Ethereum horizontally oscillated between $1.2k to $1.3k. Nevertheless, the community kept discussing the odds of a possible recovery against the odds of a prolonged downtrend. In fact, today&rsquo ;s options expiry was also a point of contention. Resultantly, the top-two cryptos, Bitcoin and Ethereum, managed to garner the highest social engagement this week. Of late, the largest meme-coin—DOGE—had become irrelevant. Over the past few days, however, it did manage to garner social traction, thanks to Musk. On 12 October, the self-proclaimed DogeFather announced that customers could buy his ”Burnt Hair” perfume using Dogecoin. And perhaps that contributed to the refined social sentiment rollover this week too. Happy Friday Everyone! Here are the current top 10 coins by social engagements over the past week: 1️⃣ $btc 2️⃣ $eth 3️⃣ $doge 4️⃣ $

Tron TRX Price Prediction as Binance Adds TRX to Index – Time to Buy?

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Tron price has remained relatively unchanged over the last 24 hours. The smart contracts token dodders at $0.0625 on Tuesday. A bullish breakout may occur if TRX manages to stay above the support at $0.0620. With an ascending triangle pattern waiting for validation on the four-hour chart, Tron price may complete a 10% move from its current market value to $0.0685. Tron debuts on Binance and CoinMarketCap Index Justin Sun, the founder of Tron, announced via Twitter that TRX is now available on the Binance and CoinMarketCap (CMC) top ten index. According to Binance, this is an Equal-Weighted index. The index tracks the performance of the top 10 digital assets and currencies based on market cap data provided by CMC. In a blog post, Binance revealed: “Each asset in the index is equally weighted and rebalanced on a monthly basis, and the index is denominated in USD. Binance will refer to this index, as well as other indices that will be launched in the near future, when