Dogecoin Loses Big to BTC and ETH in This Crucial Metric: Glassnode
The post Dogecoin Loses Big to BTC and ETH in This Crucial Metric: Glassnode appeared on BitcoinEthereumNews.com. Bitcoin and Ethereum beat DOGE in losses Metaplanet buys 1,005 BTC Popular on-chain data aggregator Glassnode revealed that the original meme cryptocurrency, Dogecoin (DOGE), has suffered drastic losses over the past 24 hours, outperformed here by the two largest top cryptos, Bitcoin and Ethereum. Bitcoin and Ethereum beat DOGE in losses Glassnode has reported that over the past day, Dogecoin become the only top 10 asset that has shown higher realized losses than profits — $132 million of losses vs. $5 million profits. Compared to DOGE, Bitcoin and Ethereum have displayed losses of just 2.5% and 52% of their profits — $33 million versus $1.3 billion for BTC and $18.4 million versus $35.2 million for ETH. $DOGE is the only top 10 asset with higher realized losses than profits in the past 24h – $132M vs $5M.By contrast:
The post Dogecoin Loses Big to BTC and ETH in This Crucial Metric: Glassnode appeared on BitcoinEthereumNews.com.
Bitcoin and Ethereum beat DOGE in losses Metaplanet buys 1,005 BTC Popular on-chain data aggregator Glassnode revealed that the original meme cryptocurrency, Dogecoin (DOGE), has suffered drastic losses over the past 24 hours, outperformed here by the two largest top cryptos, Bitcoin and Ethereum. Bitcoin and Ethereum beat DOGE in losses Glassnode has reported that over the past day, Dogecoin become the only top 10 asset that has shown higher realized losses than profits — $132 million of losses vs. $5 million profits. Compared to DOGE, Bitcoin and Ethereum have displayed losses of just 2.5% and 52% of their profits — $33 million versus $1.3 billion for BTC and $18.4 million versus $35.2 million for ETH. $DOGE is the only top 10 asset with higher realized losses than profits in the past 24h – $132M vs $5M.By contrast:
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