fbpx
QQQ
+ 4.71
326.80
+ 1.42%
DIA
+ 1.68
343.86
+ 0.49%
SPY
+ 3.29
415.81
+ 0.79%
TLT
-0.12
140.04
-0.09%
GLD
+ 1.74
168.30
+ 1.02%

Dogecoin Falls Below 20 Cents, Bitcoin Below $50K Amid Wide Sell-Off, But These Two Cryptos Are On A Run Today

April 22, 2021 11:37 pm
Share to Linkedin Share to Twitter Share to Facebook Share to Print License More
Dogecoin Falls Below 20 Cents, Bitcoin Below $50K Amid Wide Sell-Off, But These Two Cryptos Are On A Run Today

Dogecoin (DOGE) fell sharply reaching a 24-hour low of $0.164 near press time on Thursday night. The cryptocurrency traded 31.04% lower at $0.21 at press time. Even as the meme cryptocurrency continues to slide, other coins such as Bitcoin Gold (BTG) and Solana (SOL) are on a run.

See Also: How to Buy Dogecoin (DOGE)

BTG: The 2017 fork of Bitcoin (BTC) can be mined on common Graphics Processing Units instead of ASIC hardware. 

BTG has soared 1,382.34% since the beginning of this year. At press time, the currency topped the 24-hour list of gainers, as per CoinmarketCap, and traded 18.25% higher at $101.42.

Last week, Binance, announced trading support for a number of BTG trading pairs. 

See Also: Is Now The Time To Buy Bitcoin Gold, KuCoin, PancakeSwap, BitTorrent, IOTA, Or Dent Cryptocurrencies?

The apex cryptocurrency by market cap, BTC, has spiked 73.51% since January and traded 7.8% lower at $49,857.98 at press time.

SOL: The coin of the open-source project centered on Decentralized Finance or DeFi is often touted as an Ethereum (ETH) killer. 

SOL has skyrocketed 2,326.5% since 2021 began. The cryptocurrency traded 6.93% higher at $36.64 at press time and has risen 32.44% on a seven-day trailing basis. 

Comparatively, ETH has returned 203.02% on a year-to-date basis. ETH traded 7.11% lower at $2,242.10 at press time. 

Solana claims it can process 65,500 transactions per second, which is faster than Ethereum’s current average of 18.3, Cointelegraph reported

This speed advantage has attracted DeFi projects to its network. Multiple projects have made it to the blockchain in the past month. 

Read Next: Dogecoin Creator Says Meme Coin's Development Has Kept Pace With Bitcoin


Related Articles

Bitcoin's Shift (Back) To Retail

When bitcoin was first launched in 2009, the cryptocurrency was designed as a means for users to exchange money with other parties on an independent, decentralized network with enhanced privacy and no need for a third party. read more

How Investors Now Use Stablecoins To Beat The Market

According to the official statistics, a whopping 67% of eToro traders fail to make money trading on the platform. Likewise, on the whole, less than 10% of users successfully make a living from cryptocurrency trading — contrary to popular opinion.  read more

As Dogecoin Rally Mutes, 'Cheaper' Ethereum, Bitcoin Look-Alikes Strike Massive Gains

Dogecoin (DOGE) traded nearly 17% lower on Thursday night at press time as the cryptocurrency took a breather from its recent upwards march, but Ethereum Classic (ETC) and Bitcoin Diamond (BCD) charted a different course. read more

Amid Dogecoin Hype, Elon Musk Warns On Investing With 'Caution' In Cryptocurrencies

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk urged investors to exercise caution when it comes to investing in cryptocurrencies in a late-night social media post on Friday. read more