Top 10 Most Actively Traded Altcoins in the Last 24 Hours

The global crypto market cap has fallen 0.66% over the last 24 hours according to CoinMarketCap. As a result, the total crypto market cap is estimated to be around $1.26 trillion at press time. This comes after there has been a 6.33% increase in the total crypto market trading volume recently – taking the total volume to approximately $43.63 billion.

In the past day, Arbitrum (ARB), Rocket Pool (RPL), Avalanche (AVAX), Solana (SOL), Injective (INJ), Stargate Finance (STG), Dogecoin (DOGE), Audius (AUDIO), Solar (SXP) and Litecoin (LTC) have seen a notable amount of trading activity.

Arbitrum (ARB)

At press time, ARB’s price stands at $1.7847 after a 24-hour gain of 8.71%. The altcoin has also strengthened against the market leaders Bitcoin (BTC) and Ethereum (ETH) by 10.39% and 9.36% respectively.

Daily chart for ARB/USDT (Source: TradingView)

ARB’s trading volume in the last 24 hours is estimated to be around $1,098,450,122, which is a 2.59% increase in ARB’s daily trading volume. Furthermore, ARB’s price is currently trading at its 24-hour high, with its daily low sitting at $1.60.

Read Also: Arbitrum (ARB) Price Prediction 2023-2030

Rocket Pool (RPL)

RPL was not able to print a 24-hour gain and is currently down 11.56%. As a result, RPL’s price stands at $55.67 at press time. In addition to weakening against the U.S. Dollar, RPL also weakened against BTC and ETH by 10.33% and 11.29% respectively.

Daily chart for RPL/USDT (Source: TradingView)

RPL’s trading volume has fallen 19.05% over the last 24 hours. Nevertheless, the altcoin’s daily trading volume still stands at $42,714,573 at press time. The crypto is also trading near its 24-hour low of $52.21, with its daily high standing at $61.06.

Read Also: Rocket Pool (RPL) Price Prediction 2023-2030

Avalanche (AVAX)

Similar to ARB, AVAX’s price was also able to rise over the last 24 hours. Currently, the altcoin is trading at $21.41 after a 24-hour gain of 1.24%. AVAX’s daily trading volume is slightly up by 1.25% in the last 24 hours as well, taking the total 24-hour trading volume to $410,791,383.

Daily chart for AVAX/USDT (Source: TradingView)

AVAX also strengthened against BTC and ETH by 2.62% and 1.54% respectively. As a result, 1 AVAX is worth approximately 0.0007158 BTC and 0.01011 ETH. AVAX is also trading just below its 24-hour high of $21.20 at press time.

Read Also: Avalanche (AVAX) Price Prediction 2023-2030

Solana (SOL)

SOL’s daily trading volume has dropped significantly over the last 24 hours. Currently, the daily trading volume for SOL is estimated to be $591,618,958, which is a 14.78% decrease over the last 24 hours.

Daily chart for SOL/USDT (Source: TradingView)

The majority of SOL’s trading volume in the last 24 hours took place on centralized exchanges, with approximately $591,266,647 worth of SOL being traded on centralized exchanges. Furthermore, SOL is trading between its 24-hour low of $24.10 and its daily high of $25.52 at press time.

Read Also: Solana (SOL) Price Prediction 2023-2030

Injective (INJ)

INJ’s trading volume over the last 24 hours has increased by an astonishing 23.98%. This takes the total daily trading volume for the altcoin to $254,893,668 at press time. It seems that there was more sell volume than buy volume for INJ over the past day, given that INJ’s price is down 0.91% to trade at $9.253 at press time.

Daily chart for INJ/USDT (Source: TradingView)

INJ was able to strengthen against the leading crypto, Bitcoin (BTC), by 0.18%. Unfortunately, it weakened against the leading altcoin Ethereum (ETH) by 0.76% over the same time period. INJ’s price is currently trading near its 24-hour low of $8.86.

Read Also: Injective (INJ) Price Prediction 2023-2030

Stargate Finance (STG)

STG’s trading volume has also surged in the last 24 hours. According to CoinMarketCap, the daily trading volume for STG is around $50,001,805 at press time, which is an impressive 42.47% increase in STG’s 24-hour trading volume.

Daily chart for STG/USDT (Source: TradingView)

STG is currently trading at $0.8905 at press time after experiencing a price drop of 3.79% over the last 24 hours. The altcoin also weakened against BTC and ETH by 2.61% and 3.53%. The altcoin’s price also set a 24-hour low of $0.8868 and a daily high of $0.9662.

Dogecoin (DOGE)

The largest altcoin in terms of market cap experienced a surge in its 24-hour trading volume over the last 24 hours. At press time, the daily trading volume for DOGE is estimated to be around $1,428,950,975, which is a whopping 142.81% increase in the altcoin’s trading volume.

Daily chart for DOGE/USDT (Source: TradingView)

This trading volume has had a positive impact on DOGE’s price as the meme coin’s price is up 3.97% over the last 24 hours. DOGE’s price has also strengthened against BTC and ETH by 4.76% and 3.7% respectively. As a result, DOGE’s price stands at $0.09285 at press time.

Read Also: Dogecoin (DOGE) Price Prediction 2023-2030

Audius (AUDIO)

AUDIO’s trading volume dropped a reasonable amount over the last 24 hours. At press time, the daily trading volume for AUDIO is estimated to be around $157,761,358, which is a 31.12% drop in the altcoin’s total daily trading volume.

Daily chart for AUDIO/USDT (Source: TradingView)

As a result of the recent trading volume, AUDIO’s price currently stands at $0.3704, which is a 1.80% drop over the last 24 hours. Furthermore, AUDIO weakened against BTC and ETH by 1.06% and 2.09% respectively over the last 24 hours.

Solar (SXP)

SXP’s daily trading volume dropped 36.31% over the last 24 hours. As a result, SXP’s total daily trading volume stands at around $53,874,601 at press time. This trading volume has negatively impacted the atlcoin’s price, as SXP’s price is currently down 1.38% and trading at $0.6415 at press time.

Daily chart for SXP/USDT (Source: TradingView)

Furthermore, SXP is down 0.64% against BTC and 1.75% against ETH. As a result, 1 SXP is currently worth 0.00002148 BTC and 0.0003032 ETH. The altcoin is, however, trading close to its 24-hour high of $0.6419, which suggests that SXP’s recent drop in price may be nothing more than a retracement from traders taking profit.

Litecoin (LTC)

The price of LTC was able to rise 3.40% over the last 24 hours despite the altcoin’s 24-hour trading volume dropping during the same time period. Currently, LTC is trading at $101.86 after a 3.41% increase over the last 24 hours.

Daily chart for LTC/USDT (Source: TradingView)

Meanwhile, the altcoin’s daily trading volume stands at $732,362,742 at press time, which is a 17.78% drop over the last 24 hours. LTC’s price is also trading very close to its 24-hour high of $102.63, with its daily low sitting at around $98.11 at press time.

Read Also: Litecoin (LTC) Price Prediction 2023-2030

Disclaimer: The views and opinions, as well as all the information shared in this price analysis, are published in good faith. Readers must do their own research and due diligence. Any action taken by the reader is strictly at their own risk. Coin Edition and its affiliates will not be held liable for any direct or indirect damage or loss.

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