Santiment, an analytics firm, has released data showing the holder counts of popular altcoins such as Dogecoin and XRP to compare their adoption rates.<\/p>\n
In a recent update on X, Santiment shared insights on the Total Amount of Holders for various altcoins in the cryptocurrency market. This metric tracks the number of addresses on a network holding some token balance.<\/p>\n
An increase in this metric can signify new investors, returning holders, or users creating multiple addresses for privacy reasons, indicating growing adoption, which is typically positive for a coin’s price.<\/p>\n
A decline may indicate investors cleaning out wallets, which could be a negative signal for the crypto’s performance.<\/p>\n
A comparison chart displays the Total Amount of Holders for Dogecoin (DOGE), XRP (XRP), Cardano (ADA), Shiba Inu (SHIB), Litecoin (LTC), and Chainlink (LINK) over the past year.<\/p>\n
According to the data, Litecoin leads with around 8.08 million holders, followed by Dogecoin at 6.69 million and XRP at 5.24 million.<\/p>\n
DOGE has shown significant growth in adoption, whereas Cardano, Shiba Inu, and Chainlink have remained stagnant, with Litecoin experiencing a temporary decrease but rebounding, signaling ongoing adoption.<\/p>\n
Increased adoption indicates a strong foundation for future growth, making Dogecoin appear bullish in this aspect.<\/p>\n
After reaching over $0.14, Dogecoin’s price has retraced to around $0.13.<\/p>\n","protected":false},"excerpt":{"rendered":"
Santiment, an analytics firm, has released data showing the holder counts of popular altcoins such as Dogecoin and XRP to compare their adoption rates. Dogecoin’s Holder Count Surges to 6.69 Million In a recent update on X, Santiment shared insights on the Total Amount of Holders for various altcoins in the cryptocurrency market. This metric […]<\/p>\n","protected":false},"author":1,"featured_media":16271,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"slim_seo":{"title":"Dogecoin Gains Momentum with 6.69 Million Holders: Comparison with Shiba Inu and XRP - Bitrabo","description":"Santiment, an analytics firm, has released data showing the holder counts of popular altcoins such as Dogecoin and XRP to compare their adoption rates. Dogecoin"},"footnotes":""},"categories":[316],"tags":[6502,2457,461,1133,585,561,584,3358,517],"class_list":["post-16270","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news","tag-6-69-million-holders","tag-compares","tag-dogecoin","tag-holders","tag-inu","tag-million","tag-shiba","tag-shiba-inu","tag-xrp"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/posts\/16270","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/comments?post=16270"}],"version-history":[{"count":0,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/posts\/16270\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/media\/16271"}],"wp:attachment":[{"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/media?parent=16270"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/categories?post=16270"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/tags?post=16270"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}