Double-digit crypto gains and trading volume — what's the connection?
Unusually high trading volume can be an indication that a crypto asset's price is on the rise. While the crypto markets are clearly led by the swings of Bitcoin and Ethereum, outliers are frequent — and identifying them is often what separates the average traders from the great ones.Compared to the gains-fest of the first few months of 2021, June has been a rather bleak time for crypto investors. Digital asset prices were mostly stagnant and massive rallies were rare, leaving traders to do the hard guesswork: Which asset will do better than most others that are either going down or moving....
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Filecoin has been recording gains even amid the retracement that has been happening in the market. The token has not only been one of the few to be in the green over the past day, but it has also seen double-digit growth during this time. This raises the question of why a token that usually […]
The notorious dogecoin has seen double-digit gains this past week as statistics show the meme-crypto asset has gained 19.66% during the last seven days. Out of the top ten digital currencies in terms of market capitalization, dogecoin has outshined the competition, even surpassing ethereum’s 18% weekly gains. Dogecoin’s Weekly Gains Outshine the Competition, Google Trends Data Shows DOGE Interest Dive-Bombed After May At the time of writing, both the topic dogecoin and the hashtag #dogecointothemoon have been trending on social media Sunday afternoon. As far as interest is....
While a number of popular crypto-assets like bitcoin have been consolidating, decentralized finance (defi) tokens have captured significant gains during the last 24 hours. A few defi crypto assets have seen double-digit gains and the leader of the pack is Uniswap which has jumped 20.9% in the last 24 hours.
Uniswap’s Defi Token Leads the Percentage Gains on Sunday
Decentralized finance (defi) tokens are making waves during Sunday’s crypto trading sessions, as a dozen defi tokens have seen better gains than most of today’s well known digital assets.
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During the last week, a large quantity of popular crypto assets have consolidated and have even seen some slight losses during the last seven days. However, there’s a slew of crypto coins that have seen significant double-digit gains during the last 24 hours.
Ecash, Tezos, Arweave, Bitcoin Gold Jump
The lion’s share of crypto coins in the crypto economy have seen double-digit gains during the last month but over the last week, there’s been some consolidation for a great number of the usual market leaders.
For instance, over the last day, both....
Ethereum Classic has been seeing some of the largest growth with the news of the Ethereum Merge. Where other cryptocurrencies were seeing single-digit gains, Ethereum Classic had seen double-digit gains that pushed its price well past the $40 mark at one point. Now, even though the market has begun to shed some of its gains […]