Dogecoin, Ethereum & Litecoin — Asian Wrap 19 May


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Over the last month, Dogecoin has lost a chunk of the interest it was receiving from investors due to two reasons. The first is the volatile market, and the second is the rise of other meme coins, such as PEPE and Milady. Thus naturally, Dogecoin is attempting to recapture that lost interest in a unique way and is actually succeeding in doing so.

Ethereum (ETH) Initial Coin Offering (ICO) participant has reawoken after about two and a half years of dormancy to stake 4,032 ETH, worth around $7.3 million at the time of writing. The transaction comes shortly after defunct crypto lender Celsius Network’s move to recover its Lido-staked Ether (stETH).

Litecoin price ahead of the next halving event has benefitted significantly owing to the immense interest from crypto investors. Nearly 19 days into the month and the interest remains at a high resulting in the altcoin beating out multiple other cryptocurrencies that established themselves as a substitute for Bitcoin.