Dogecoin (DOGE) and a Surprise Altcoin Outperformed Bitcoin (BTC)!

There has been a huge rise in Bitcoin and altcoins in recent months, and BTC reached a new ATH in March.

After ATH, there was a sharp correction in BTC and altcoins and the price dropped to $ 56,000.

While there were fluctuations in prices, there was a significant increase in the number of wallets.

Santiment, a leading cryptocurrency analysis platform, shared the increase in the number of wallets of the largest cryptocurrencies in the last 6 months.

Accordingly, Toncoin (TON) increased by 110% in wallets, rising to 16,800. This is a sign that the TON network is growing faster than Bitcoin.

The second largest meme token on the list was Dogecoin. Accordingly, a 27% growth was recorded in DOGE wallets and the number increased to 6.6 million wallets.

” Wallet increases in the largest cryptocurrencies over the past 6 months are listed as follows:

Toncoin (TON) 16.8k wallets (+110% growth) Dogecoin (DOGE) 6.6 million wallets (+27% growth) USDT 5.7 million wallets (+23% growth) USDCoin (USDC) 2.1 million wallet (+16% growth) Ethereum (ETH) 120.7 million wallets (+11% growth) Bitcoin (BTC) 53.9 million wallets (+10% growth) XRP 5.2 million wallets (+7% growth) Chainlink (LINK) 727 thousand wallets (+6% growth) Cardano (ADA) 4.5 million wallets (+0% growth)”

📊 Sorted by greatest growth in the past 6 months, here is the net change of non-empty wallets among top market caps in #crypto (apologies to #BinanceCoin and #Solana, not pictured in this study):

🪙#Toncoin $TON 16.8K wallets (+110% growth)
🪙 #Dogecoin $DOGE 6.6M wallets… pic.twitter.com/IhjJn6syn2

— Santiment (@santimentfeed) May 3, 2024

*This is not investment advice.