Dogecoin (DOGE) fell sharply reaching a 24-hour low of $0.164 near press time on Thursday night. The cryptocurrency traded 31.04% lower at $0.21 at press time. Even as the meme cryptocurrency continues to slide, other coins such as Bitcoin Gold (BTG) and Solana (SOL) are on a run.
See Also: How to Buy Dogecoin (DOGE)
BTG: The 2017 fork of Bitcoin (BTC) can be mined on common Graphics Processing Units instead of ASIC hardware.
BTG has soared 1,382.34% since the beginning of this year. At press time, the currency topped the 24-hour list of gainers, as per CoinmarketCap, and traded 18.25% higher at $101.42.
Last week, Binance, announced trading support for a number of BTG trading pairs.
The apex cryptocurrency by market cap, BTC, has spiked 73.51% since January and traded 7.8% lower at $49,857.98 at press time.
SOL: The coin of the open-source project centered on Decentralized Finance or DeFi is often touted as an Ethereum (ETH) killer.
SOL has skyrocketed 2,326.5% since 2021 began. The cryptocurrency traded 6.93% higher at $36.64 at press time and has risen 32.44% on a seven-day trailing basis.
Comparatively, ETH has returned 203.02% on a year-to-date basis. ETH traded 7.11% lower at $2,242.10 at press time.
Solana claims it can process 65,500 transactions per second, which is faster than Ethereum’s current average of 18.3, Cointelegraph reported.
Amazed by the growth of @solana ecosystem.
— Solanians (@solanians_) March 23, 2021
Looking forward to seeing @mangomarkets @PsyOptions @staratlas
And congratulations to @mangomarkets , what’s an outstanding dex experience on mainnet-beta pic.twitter.com/Ewr8VbM4VG
This speed advantage has attracted DeFi projects to its network. Multiple projects have made it to the blockchain in the past month.
Read Next: Dogecoin Creator Says Meme Coin's Development Has Kept Pace With Bitcoin
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