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Reading: Important Report on Ethereum, Dogecoin, Cardano and XRP! This Data is on the Rise!
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EdaFace Newsfeed > Latest News > Altcoin News > Important Report on Ethereum, Dogecoin, Cardano and XRP! This Data is on the Rise!
Altcoin News

Important Report on Ethereum, Dogecoin, Cardano and XRP! This Data is on the Rise!

vitalclick
Last updated: January 11, 2025 7:44 am
2 weeks ago
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Contents
Ethereum and XRP are in the ForegroundEcosystem Projects and Dogecoin AdvantageETH and DOGE 2025 Predictions

Bitcoin $94,821.2 As its price continues to fluctuate below the $100,000 level, Ethereum $3,303.9Dogecoin $0.336461Cardano $0.957252 Altcoins such as and XRP also attract attention. According to data obtained from Santiment, the number of HODLers of these altcoins has varied since the beginning of the new year. The crypto analysis platform focused on the impact of the number of HODLers within each protocol’s ecosystem.

Ethereum and XRP are in the Foreground

Santiment, Bitcoin and Chainlink $20.4 analyzed six digital currencies, including . Chainlink failed to perform, dropping 3,300 in HODLer wallets. However, Ethereum and XRP stood out.

Shared data showed that Ethereum recorded a 645,000 increase in HODLer wallets. This figure highlights it as the top altcoin among retail investors. XRP follows closely with 58,000 HODLer wallets since the beginning of the year.

Ecosystem Projects and Dogecoin Advantage

Dogecoin, the only meme cryptocurrency analyzed by Santiment, experienced an increase of 29,000 investors who prefer to invest for the long term. Cardano, on the other hand, received the lowest figure, with only 2,800 wallets showing determined support for long-term growth.



In the statement made by Santiment, it was said: “While there have been fluctuations in the prices of our crypto assets with the beginning of 2025, significant changes have been observed in the number of HODLers since the new year.”

The term ‘HODLer’ refers to token holders who plan to hold their assets for the long term. The data provider noted that when the number of HODLers increases, investors or the community will become more comfortable with the project, which can contribute to ecosystem stability and long-term token growth. If the number of HODLers declines, investors may focus on anxiety, uncertainty and doubt.

ETH and DOGE 2025 Predictions

Despite the fluctuations in the past weeks, experts think that the altcoin season is still ahead of us. Galaxy Research predicted that the DOGE price would exceed the $1 level by the end of the year. This prediction was made in connection with DOGE’s management of DOGE.

Top experts also see huge potential for Ethereum this year. Bitwise predicted that Ethereum will reach a new record high this year, and the asset manager stated that it is possible for Ethereum to reach $7,000 by the end of the year.

These developments in the cryptocurrency market may increase investors’ confidence in the long-term potential of altcoins.

Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.

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