Tag: slump

Cardano daily transaction volume surges but ADA prices slump

[ad_1] The Cardano blockchain has experienced an explosion in on-chain activity and now trails only Bitcoin in current 24-hour transaction volume, surpassing Ethereum in the process according to Messari. Cardano (ADA) currently has $17.04 billion in 24-hour transaction volume, according to data from on-chain analytics firm Messari. With Bitcoin (BTC) at $18.85 billion and Ethereum (ETH) at $5.25 billion according to Messari, Cardano is in second place in that category and is closing in on the top position for this metric. #Cardano just surpassed $LTC and $ETH in transaction volume.…

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248% Weekly Gains — Baby Doge Coin Continues to Rally While Most Crypto Asset Markets Slump – Markets and Prices Bitcoin News

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[ad_1] Four days ago, the crypto community and mainstream audiences caught a whiff of a new meme-based crypto asset called baby doge. The coin got a lot more attention when Tesla’s Elon Musk tweeted about baby doge and almost immediately after the tweet, the asset’s value skyrocketed. Musk hasn’t said anything about baby doge since then, but the crypto asset has continued to climb higher in value. Weekly Stats Show Baby Doge Outshines Most Crypto Asset Market Performances Last week, Bitcoin.com News reported on the cryptocurrency called baby doge (BABYDOGE)…

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Bitcoin and Ethereum fees slump to six-month low

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[ad_1] The transaction fees of Bitcoin and Ethereum have slumped to six-month lows as the markets cool after the recent crypto downturn. According to BitInfoCharts, the average price of performing a transaction using Bitcoin has fallen from an early-April all-time high of $62.77 to around $7.20 — an 88% drop over just six weeks.  Bitcoin average transaction fees – BitInfoCharts The falling Bitcoin transaction fees appear to have been driven by a decline in overall market activity, with daily volumes evaporating from more than $67 billion on May 10 to…

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