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Ethereum, Dogecoin, & XRP See Growth In HODLer Count

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3 hours ago

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As the price of Bitcoin (BTC) continues to fluctuate below the $100,000 price mark, altcoins like Ethereum (ETH), Dogecoin (DOGE), Cardano (ADA), and XRP are also in the spotlight. According to data insight from Santiment, the number of HODLers for these altcoins has fluctuated thus far this new year. The crypto analytics platform hinted at the implication of the HODLer count within each protocol’s ecosystem.

The Ethereum and XRP Standout

Santiment profiled six digital currencies, including the aforementioned Bitcoin and Chainlink. While Chainlink underperformed with 3,300 drops in hodler wallets, Ethereum and XRP stood out.

The shared data showed that Ethereum had recorded a 645,000 uptick in its hodler wallets. This figure underscores its dominance as the top altcoin among retail investors. XRP followed closely with a total hodler wallet recording a 58,000 count since the start of the year.

Ranking as the only meme cryptocurrency profiled by Santiment, Dogecoin has seen a 29,000 jump in investors holding it for the long term. Cardano scored the lowest figure, with just 2,800 wallets committing to long-term growth.

It is worth noting that the term ‘HODLer’ denotes token holders with plans to hold their assets in the long term.  As the data provider hinted, when the hodler count grows, investors or the community will be comfortable with the project. This can aid ecosystem stability and long-term token growth. 

The opposite is true when the hodler count drops as investors focus on Fear, Uncertainty, and Doubt (FUD).

Ecosystem Projects and Dogecoin Advantage

Despite the ongoing bull cycle, fluctuations have shown how volatile and uncertain the market is. As reported earlier by Coingape, ETH price lost 9% of its value in under 24 hours, a trend visible in other altcoins.

Amid this uncertainty, investors focus on developer activity, and other utilities focus beyond price. While Ethereum developers are working on the Pectra Upgrade, Ripple Labs launched RLUSD stablecoin to boost XRP liquidity.

Input Output Global developers are also working on perfecting the Cardano community governance. In all, Dogecoin might take more of the spotlight in the altcoin market in the long term.

This is based on the Elon Musk-led Department of Government Efficiency (D.O.G.E), which might fuel DOGE popularity. These ecosystem trends might explain why more users are betting on the altcoin’s long-term prospects.

ETH and DOGE Predictions for 2025

Amid the fluctuations of the past few weeks, experts believe the altcoin season is still ahead. Galaxy Research said the DOGE price will top $1 this year in its projections. The Mike Novogratz-associated firm tied this forecast to the D.O.G.E ties around the coin.

Top experts also believe this year holds something big for Ethereum. Bitwise predicted that Ethereum would hit a new all-time high this year, and the asset manager said it is possible for Ethereum to reach $7,000 by the end of the year.

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Godfrey Benjamin

Benjamin Godfrey is a blockchain enthusiast and journalists who relish writing about the real life applications of blockchain technology and innovations to drive general acceptance and worldwide integration of the emerging technology. His desires to educate people about cryptocurrencies inspires his contributions to renowned blockchain based media and sites. Benjamin Godfrey is a lover of sports and agriculture.

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Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





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Solana, XRP, Litecoin, HBAR in 2025 With New SEC Chair?

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15 hours ago

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January 10, 2025

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The market participants are anticipating more US Crypto ETF additions to the list after the approval of Spot Bitcoin ETF and Spot Ether ETF last year. Some more crypto ETFs that may see the light in 2025 are XRP ETF and Solana ETF, considering a lot of applications have been filed by issuers in November last year. That said a new wave of ETFs is now expected to emerge as Donald Trump prepares himself for the upcoming Presidential inauguration.

Next Wave for US Crypto ETFs

According to a Reuters report, as many as 16 applications have been filed by issuers like VaEck, Canary Capital, and 21Shares. They are trying to get approval for exchange-traded products that would track crypto indices or tokens like XRP and SOL.

This next wave of US Crypto ETFs, which is also likely to include Litecoin ETF and HBAR ETF, stems from two core factors. These are the nomination of Paul Atkins as a successor to Gary Gensler for the SEC Chair and lighter regulations. Gary Gensler has always been seen as an anti-crypto figure who was ‘forced’ to approve Spot Bitcoin ETFs in January last year. Lighter regulations are based on Donald Trump’s commitment to draft crypto-friendly regulations and frameworks that would support the cryptocurrency as well as the technology sphere.

SOL And XRP Price

Anticipation of the next wave of crypto ETFs in the US has had a mixed impact on SOL and Ripple’s XRP. SOL prices today are $191.04, which is up by 0.88% in the last 24 hours. There is also a notable surge in market cap despite a dip in the 24-hours trade volume which is down by 5.29%. Sentiments for SOL are bearish with Open Interest down by 2.15%.

Price movement for XRP is more or less the same. XRP price today is $2.32 which is up by 0.76% in the last 24 hours. The market cap has gained 0.80% with a slip of 31.08% in 24-hours trading volume. Sentiments for XRP are neutral amid the anticipation for the next wave of US Crypto ETFs with Open Interest slightly up by 0.39%.

Flows for Current Crypto ETFs

Amid the anticipation of XRP, Litecoin, HBAR, and SOL ETF, Spot Bitcoin ETF and Spot Ether ETFs recorded heavy outflows on January 08, 2025. Spot Bitcoin ETFs saw an outward movement of $568.8 million with Fidelity’s FBTC leading the chart. It saw an outflow of $258.7 million followed by Ark’s ARKB which recorded an outflow of $148.3 million.

Interstingly, Fidelty’s FETH led outflows for Spot Ether ETFs as well, recording an outward movement of $147.7 million. Grayscale’s ETHE and ETH followed with an outflow of $8.3 million and $3.4 million, respectively.

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Coingape Staff

CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





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How a Crypto Trader Turned a 90% Loss Into a $2.5M Win?

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18 hours ago

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January 10, 2025

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The crypto trading industry’s popularity grew with the spread of exponential investment growth stories. One such story of a crypto trader trends in the market today, as the trader lost 90% of the holdings’ worth before succeeding with the recovery. With that, the crypto investor made $2.5M within two months, bringing an optimistic experience for the rest of the community.

Crypto Trader’s Bold Move Cost Him $1M Before $2.5M Profits

The crypto trading industry gained its name for decentralized transactions and heavy returns, but many trades do not follow the expectation. Lookonchain highlighted an incident supporting the statement, where an enthusiastic crypto trader places trade in hopes of heavy returns. However, the trader faced a  $1M loss, with the portfolio losing 90% of its value. Interestingly, the trader’s patience paid off after some time,  as the crypto token’s worth grew, bringing a $2.5M profit to the investor.

According to the Lookonchain X post, the crypto investor spent 5,441 SOL, equivalent to $1.15M, and bought 20.46M PIPPIN. This happened two months ago, but volatility took over, crashing the Pippin token by 90%, leaving the investors with only a $1M loss. However, as the Lookonchain regarded the trader ‘diamond hand,’ it stayed patient.

Crypto trader's PIPPIN buyingCrypto trader's PIPPIN buying

To this day, the trader did not sell any crypto, and over time, the loss turned into $2.5M in profits, with the Pippin token’s recovery on the chart. This portrayed the market’s volatility, where a loss can become a profit and vice versa, depending on the situation. In two months, the aforementioned crypto trader’s $1.15M turned into $3.68M with a PIPPIN price pump.

PIPPIN Price Surge 130% Amid Higher Investor Interest

Pippin is an AI agent that has recently drawn attention in the crypto trading market. Although the token was launched just a few months ago and suffered losses, its demand has increased multiplefold in the last few days due to the increased hype around AI cryptos. As a result, its trading volume grew more than 150%, settling at $116,980,268 today. The PIPPIN price rose 130% to $0.21 from $0.091, gaining a market capitalization of $210,196,191.

Pippin token price surgePippin token price surge

Meanwhile, this surge equipped the trader to earn $2.5M in profits; this is not a rare event. Similarly, another crypto investor made three Million in just a few hours. However, along with the profiting incidents, there are losses as well, creating the need for smart investments.

What’s The Lesson Here?

Pippin token’s price performance reflects the volatile nature of the crypto industry, where investor sentiments play a significant role. The token crashed right after the crypto trader’s buy, putting the trader’s portfolio at a 90% loss. However, with time and increased demand for AI-themed cryptocurrencies, PIPPIN price grew, leading to a $2.5M profit for the crypto investor. Eventually, this journey from a $1M loss to a $2.5m profit hints at how the market often fluctuates and how the right crypto trading strategies and patience could defeat the volatility.

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Pooja Khardia

With a deep-seated passion for reading and five years of experience in content writing, Pooja is now focused on crafting trending content about cryptocurrency market.

As a dedicated crypto journalist, Pooja is constantly seeking out trending topics and informative statistics to create compelling pieces for crypto enthusiasts. Staying abreast of the latest trends and advancements in the field is an integral part of her daily routine, fueling a commitment to delivering timely and insightful coverage

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





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BTC, ETH, XRP & Top Altcoins Bleed Ahead Of Key Jobs Data

Published

21 hours ago

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January 10, 2025

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Cryptocurrency prices today indicate a bearish trend for Bitcoin (BTC) and major altcoins like Ethereum (ETH) and XRP. Bitcoin touched a low of $92,000, while ETH slipped by approximately 2.51% and XRP declined by 3%. These drops come as the market awaits the release of U.S. jobs data, expected later today. A strong labor market report could influence interest rate expectations, which may further impact crypto valuations.

The global crypto market cap fell by approximately 1.68%, now standing at $3.25 trillion. Additionally, overall trading volume saw an 11% drop, settling at $155 billion. Meanwhile, the Fear and Greed Index sits at 43, signaling neutral sentiment in the market.

Crypto Prices Today: BTC, ETH, XRP, and SOL Struggle to Hold Key Levels

Bitcoin (BTC) dropped to $92,000, continuing its bearish trend, while Ethereum (ETH) fell by 2.51%. XRP declined by 3%, and Solana (SOL) recorded losses amid overall market weakness. Meanwhile, CleanSpark announced that it has mined over 10,000 BTC in its treasury, showcasing resilience despite market volatility.

Bitcoin Price Today

Bitcoin (BTC) price was trading at $93,433 after hitting a low of $91,231 earlier in the day. The leading cryptocurrency was down by 1% at the time of writing. Its market cap has once again fallen below the $2 trillion mark, now standing at $1.85 trillion. As per Coinglass data, in the last 12 hours, Bitcoin saw a liquidation of $43 million, with $33 million from long positions and $9 million from short positions.

Ethereum Price Today

Ethereum (ETH) was trading at $3,245, down 2.55% in the past 24 hours. Its 24-hour low was $3,159, while the high touched $3,341. Crypto prices today remained bearish, but a CoinGape analyst suggested ETH could potentially hit its all-time high, as Fidelity deposited 103 million ETH into Coinbase, sparking fresh market interest.

XRP Price Today

XRP was trading at $2.28, reflecting a 3% drop in the last 24 hours. Its 24-hour low stood at $2.23, while the high reached $2.36. In other news, on-chain data revealed that Ripple Labs transferred 300 million XRP to an anonymous wallet, sparking concerns of a potential sell-off in the market.

Solana Price Today

Solana (SOL) was trading at $188, down by approximately 4% in the last 24 hours. Its 24-hour low was $182, while the high reached $195. The coin is facing some downward pressure, continuing the bearish trend in the broader market.

Top Cryptocurrency Gainer Prices Today

As per crypto prices today, here are the top 5 crypto gainers over the last 24 hours:

Kaia (KAIA)

Price: $0.21
24-hour gain: +3%

Litecoin (LTC)

Price: $103.93
24-hour gain: +2.15%

BitTorrent (BTT)

Price: $0.000001161
24-hour gain: +2.06%

Movement (MOVE)

Price: $0.88
24-hour gain: +2%

KuCoin Token (KCS)

Price: $10.60
24-hour gain: +1.67%

Top Cryptocurrency Loser Prices Today

As per crypto prices today, here are the top 5 crypto losers over the last 24 hours:

THORChain (RUNE)

Price: $3.27
24-hour loss: -17%

SPX6900 (SPX)

Price: $1.17
24-hour loss: -10%

Bittensor (TAO)

Price: $430.80
24-hour loss: -7.15%

Dogwifhat (WIF)

Price: $1.57
24-hour loss: -6.84%

Virtual Protocols (VIRTUAL)

Price: $3.21
24-hour loss: -6%

Meme Crypto Prices Today

Meme crypto has shown a mixed reaction as Bitcoin touched the $92K mark. Dogecoin (DOGE) was down by approximately 4%, trading at $0.326, while Shiba Inu (SHIB) was trading at the same price as yesterday, with a slight gain, now at $0.00002129.

Other top meme coins such as PEPE, PENGU, and BONK are down by approximately 4% in the last 24 hours.

On a more positive note, the hourly chart suggests some recovery, as Bitcoin and major altcoins are in the green in the last hour. AI16Z has been the top performer, up by 2% in the past hour.

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Coingape Staff

CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





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