- The Ethereum network’s average gas price is presently $5.81.
- DOGE prices rallied but could not hold on to the momentum.
Let us look at the top three cryptocurrencies in terms of social media activity over the previous 24 hours as per LunarCrush.
Bitcoin (BTC)
A giant rich whale is back when it comes to the non-exchange Bitcoin (BTC) whale. Even as the leading cryptocurrency trades around 5% below its previous-day high, the address containing over 120,000 Bitcoin worth about $5.5 billion has added 3,241 BTC. A total of 289 BTC, followed by 2,952 BTC, was added to the whale’s account on April 5th, making it the third-richest wallet in the world behind the Binance and Bitfinex accounts. The freshly acquired BTC has a little more than $145 million.
According to CoinMarketCap, the Bitcoin price today is $43,535.36 USD with a 24-hour trading volume of $36,769,720,188 USD.
Ethereum (ETH)
As data from On-chain data provider, Santiment, has shown, Ethereum competitors can no longer use the network’s high transaction costs against it. The network’s average gas price is presently $5.81. This is much less than the average charge of $69.57 on May 11th, 2021, or the average rate of $62.85 on November 8th, 2021. Ethereum’s price has dropped dramatically from its all-time high, but it has recently risen and is again trading over the $3,000 barrier.
According to CoinMarketCap, the Ethereum price today is $3,229.26 USD with a 24-hour trading volume of $22,874,129,456 USD.
Dogecoin (DOGE)
Amidst skepticism about meme currencies, Dogecoin (DOGE) proved to be the only cryptocurrency to show positive price dynamics when Bitcoin prices sank. In the wake of Elon Musk disclosing that he owns the single most significant stake in Twitter, prices of DOGE rallied but could not hold on to the momentum.
According to CoinMarketCap, the Dogecoin price today is $0.146109 USD with a 24-hour trading volume of $2,758,425,893 USD.
