There is a significant divergence in the cryptocurrency market. While XRP's trading volume shows a significant decrease, Dogecoin (DOGE) whales have begun to create a strong impact on the market. Data from the last 24 hours reveals that the two popular altcoins are shaped by completely different scenarios.
XRP Volume Decreased by 24%: Is Silence Alarmingly?
XRP’s daily trading volume has decreased by 24% in the last 24 hours, dropping to $1.78 billion. This is significantly below the recent average trading volume of $3 to $5 billion for XRP.
Experts indicate that this decline may show reduced investor interest and increased profit realizations in the market. While the XRP price is currently relatively horizontal, this decrease in trading volume may indicate that the market has entered a temporary pause period.
Major Move from DOGE Whales: 60.9 Billion DOGE Transferred
On the other hand, a different situation is present on the Dogecoin (DOGE) front: Whales have transferred a total of 60.9 billion DOGE in the last 24 hours. This transfer amount has increased nearly 5 times compared to the 12.9 billion DOGE recorded last week.
This sudden increase indicates that whales have become active again and are preparing for price movements. While the low trading volume in XRP creates a 'wait-and-see' atmosphere for investors, the significant whale movements in DOGE suggest that there may be more volatility soon.
Low Volume in XRP, Major Movements in DOGE
Experts state that whale activities are often a precursor to significant price movements. The low volume in XRP indicates that it may be a temporary consolidation period. According to the current situation, while activity is observed in DOGE, the wait continues in XRP. However, it should be noted that silence can sometimes be a situation before the storm.
Investors are advised to be cautious in these market conditions and to act consciously while determining their strategies. To follow the developments in the cryptocurrency market,
PLEASE READ CAREFULLY FOR A $10 GIFT FOR 170 PEOPLE.
Friends who have not yet activated the futures section will earn $10 when they activate the futures section by entering my referral code 88623008. The first 170 people will benefit from this reward.
I AM EXPLAINING IN DETAIL.
My brothers who registered to Binance without a referral, please listen carefully;
When you do what I say in order, you will earn 10 USDT.
Enter the Futures section from your application,
On the next screen, enter the REFERRAL CODE section and open your account by entering the code 88623008,
Brothers who want to receive a 10 USDT reward by completing this transaction by April 10 can do so. After that, it will be enough to have a trading volume of $30 after activating your account. However, even if you do this transaction after April 10, your reward will not come. Therefore, I suggest you handle it in 5 seconds.
THE SYSTEM WORKS ON A FIRST-COME, FIRST-SERVED BASIS. THEREFORE, DO NOT BE LATE TO RECEIVE YOUR GIFT. IT IS LIMITED TO 170 PEOPLE.
PLEASE READ CAREFULLY FOR A $3,300 GIFT.
Friends, as publishers, you know that we are doing our best for you here. We communicate to you the services and opportunities provided to us by our authorities. I have never withheld my support for both the cryptocurrency market and you; on the contrary, I strive to provide more support.
Now I will explain how to receive your gift. First of all, those of you who have not opened a futures trading account need to activate this account with a short transaction. I will explain how to activate it in detail and simply.
So who can benefit?
Friends who have not yet activated the Futures section can open the FUTURES section while activating it by entering my referral code 88623008. It is an easy process. I have shown where it is below.