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Home»BITCOIN NEWS»2024 Crypto Champions | BitPay
BITCOIN NEWS

2024 Crypto Champions | BitPay

By Crypto FlexsAugust 15, 20242 Mins Read
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2024 Crypto Champions | BitPay
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Over the past few weeks, you’ve supported your favorite coins, bought, spent, and used cryptocurrencies! Now, the moment has finally come and it’s time to crown the winner of the 2024 Crypto Champions!

Final Medal Count

The Crypto Champions series concluded with Bitcoin (BTC) dominating the field. Total 9 medalsinclude 6 gold. Ether (ETH) is a solid 6 medalsOutstanding performance in the Silver and Bronze categories. Litecoin (LTC) performed as follows: 4 medalsBoth USD Coin (USDC) and Tether (USDT) showed strength, including gold. 4 and 3 medals each.

Winners by Category

Most total transactions

Litecoin (LTC), Bitcoin (BTC), and Ethereum (ETH) led the overall trading volume, demonstrating high utility and frequent usage in the cryptocurrency ecosystem.

Highest volume

Bitcoin (BTC), USD Coin (USDC), and Tether (USDT) topped the trading volume rankings, demonstrating the enormous influence and widespread use of these cryptocurrencies in the cryptocurrency market.

Most frequently purchased

Bitcoin (BTC), Litecoin (LTC), and Ethereum (ETH) were the most frequently purchased cryptocurrencies, showing their great appeal to buyers.

Create the most wallets

There has been a significant increase in new user adoption across the board, with Bitcoin (BTC), Ethereum (ETH), and Tether (USDT) leading the way in wallet creation.

Most of the bills paid

Bitcoin (BTC), Ethereum (ETH), and USD Coin (USDC) have shown high utility in everyday transactions and are ranked as the most used cryptocurrencies for paying bills.

Most Purchased Gift Cards

Bitcoin (BTC), Litecoin (LTC), and Ethereum (ETH) were the most popular choices for gift card purchases, showing their popularity for everyday spending.

Most swaps

Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC) were the most swapped cryptocurrencies, reflecting the high demand for swap activity.

Highest average transaction value

USD Coin (USDC), Tether (USDT), and Bitcoin (BTC) recorded the highest average transaction values, showing that these cryptocurrencies play a significant role in large transfers and high-value transactions.

Single highest transaction value

USD Coin (USDC), Bitcoin (BTC), and Tether (USDT) each recorded their highest single-day trading volumes, showing that these coins play a significant role in large-scale financial transactions within the cryptocurrency markets.

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