Our column dedicated to the crypto world continues, and today we will look at three important assets: Polkadot (DOT), Beacon ETH (BETH) and Litecoin (LTC).
Summary
Prices and market stats for the cryptos Polkadot (DOT), Beacon ETH (BETH) and Litecoin (LTC).
Polkadot (DOT) is currently trading at USD 3.78, with a market capitalization of USD 4.7 billion. Over the past 24 hours, the volume has reached USD 68.0 million.Â
The number of DOT shares outstanding is 1.2 billion. The average holding period for DOT is 108 days, indicating strong investor interest. The digital currency is currently ranked as the 11th most popular in the cryptocurrency sector.
However, it should be noted that Polkadot has fallen by 3.40 percent over the past seven days.
In the past 24 hours, it has seen a modest increase of 0.37%, while in the past hour it has seen a decrease of 0.84%. The current price of USD 3.78 per DOT is well below the all-time high of USD 55.00, a difference of 93.14%.
Currently, the total number of DOTs in circulation is 1,234,351,148.508, which provides a comprehensive picture of the distribution of this cryptocurrency in the market.
Beacon ETH (BETH) is currently trading at USD 1,589.84, with a positive change of 1.56% over the past 24 hours, or an increase of USD 24.42. However, it is important to note that Beacon ETH is not supported by Coinbase and other major exchanges, which may affect its accessibility to investors.
In terms of market statistics, Beacon ETH’s market capitalisation is not available, which may be due to a lack of up-to-date data or registration restrictions.
The volume of transactions during the last 24 hours amounted to USD 605,862.59. The current price of BETH is significantly lower by 64.98% from its all time high of USD 4,539.67.
Over the last 7 days, the price of Beacon ETH has decreased by 2.11%. Over the last 24 hours, the price rose by 1.81%, while in the last hour it increased slightly by 0.09%.
Currently the outstanding supply of BETH is 0 units, which may require further verification to clarify the situation.
This information provides a technical insight into the situation of Beacon ETH in the context of cryptocurrencies and financial markets.
Litecoin (LTC) is currently trading at USD 62.84 with a market capitalization of USD 4.6 billion. Over the past 24 hours, it has traded at a volume of USD 181.2 million.
The number of LTCs in circulation is 73.8 million, with an average holding period of 49 days.
The cryptocurrency is ranked as the 12th most popular in the cryptocurrency sector according to popularity statistics.
However, the price of Litecoin has fallen by 2.13% over the past seven days. Over the past 24 hours, the price increased by 2.06%, while in the past hour it decreased by 0.36%.
The current price of USD 62.84 per LTC is well below the all-time high of USD 412.96, a difference of 84.78%.
Currently, the total number of LTCs in circulation is 73,767,557,974, confirming the popularity of this cryptocurrency in the market. These figures reflect the technical situation of Litecoin in the financial markets.
Polkadot for a booming developer experience: Polkadot’s new look
In the ever-changing blockchain and cryptocurrency landscape, Polkadot (DOT) has been a hot topic of discussion lately.
Rumours and speculation have swirled around Polkadot, but recent research has revealed some compelling facts.
In particular, Polkadot boasts one of the highest levels of developer activity in the cryptocurrency space. According to Santiment’s 30-day developer activity metric, Polkadot scored an impressive 546 on 6 July 2023, highlighting its vibrant developer community.
A recent report by BeInCrypto, published on 11 October, showed a significant drop in the price of DOT, which hit an annual low. However, on 10 October, the Web3 Foundation announced an innovative initiative to support the future of polkadot.
This programme includes the injection of CHF 20 million and approximately 5 million DOT tokens into the Polkadot ecosystem, demonstrating their continued commitment to the project. Despite this significant financial support, the price of DOT has reached a three-year low.
Faced with these challenges, Parity Technologies, a key player in the Polkadot ecosystem, decided to renew and strengthen Polkadot’s prospects.
Their strategic actions and long-term vision can breathe new life into the project and reaffirm their commitment to the Polkadot ecosystem.
Separately, Binance, one of the world’s largest cryptocurrency exchanges, recently found itself in the midst of regulatory turmoil.
The platform was forced to lay off staff, resulting in the dismissal of around 100 people. The action was taken in response to legal challenges from the US Securities and Exchange Commission (SEC).
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