DOGE spikes increased on rumors of Twitter integration

by Jeremy

During the last 24 hours, the cryptocurrency market cap noticed web outflows of $1.3 billion to $1,025.9 billion from $1,027.2 billion as of press time — down 0.2%.

Through the reporting interval, Bitcoin’s market cap fell 0.7% to $395.7 billion from $398.4 billion. In the meantime, Ethereum’s market cap decreased 1.7% to $194.9 billion from $198.3 billion.

The highest 10 cryptocurrencies noticed a combined efficiency over the past 24 hours. Dogecoin is the standout performer, rising 21.2% to steer the big caps, adopted by Shiba Inu, up 6.1%. In the meantime, Polygon noticed a drop of two.21%.

Top 10 cryptocurrencies
Supply: CryptoSlate.com

The market cap of Tether (USDT) elevated to $69.4 billion, whereas USD Coin (USDC) noticed a marginal lower to $43.6 billion. BinanceUSD (BUSD) stayed flat at $21.4 billion.

Bitcoin

During the last 24 hours, Bitcoin traded flat, down 0.5% to $20,633 as of 07:00 ET. Its market dominance fell to 38.5% from 38.7%.

Through the reporting interval, the market chief hit an area prime of $20,840 earlier than seeing a pointy drop throughout Monday lunchtime (UTC) to backside at $20,240. Since then, BTC has been grinding increased.

Bitcoin chart
Supply: TradingView.com

Ethereum

During the last 24 hours, Ethereum decreased 0.8% to $1,606 as of 07:00 ET. Its market dominance fell to 19.1% from 19.3% as of press time.

ETH’s worth motion over the reporting interval largely mirrored BTC’s. A neighborhood excessive of $1,635 was adopted by a pointy drawdown at Monday lunchtime (UTC). A gradual grind increased adopted.

Ethereum chart
Supply: TradingView.com

High 5 Gainers

Dogecoin

DOGE is the largest gainer over the reporting interval, up 21.2% to $0.14837 as of press time. The meme coin is benefiting from rumors that Elon Musk will incorporate the token into Twitter. Progress for the previous week is available in at 160%. Its market cap stood at $20.66 billion.

Chain

XCN noticed 25.4% positive aspects over the past 24 hours to commerce at $0.06291. Regardless of immediately’s worth spike, the cloud blockchain protocol is caught in a macro downtrend. Its market cap stood at $1.35 billion.

Stratis

STRAX’s worth grew by 21.4% to $0.65229 within the final 24 hours. Its market cap stood at $92.96 million.

Telcoin

TEL gained 18.7% within the final 24 hours to commerce at $0.00168 at press time. The telecom-focused protocol grew 41% over the previous month. Its market cap stood at $105.56 million.

Dogelon Mars

ELON rose 16.7% within the final 24 hours to $0.000000473825 as of press time. Like Dogecoin, the “Elon Musk impact” is making its presence felt. Its market cap stood at $262.33 million.

High 5 Losers

Rocket Pool

RPL  is immediately’s greatest loser, sinking 12.9% to commerce at $21.5657 at press time. The decentralized Ethereum staking pool posted an area prime of $35.77 on the date of the Merge. Since then, RPL has been trending down. Its market cap stood at $221.691 million.

Toncoin

TON fell 7.8% to $1.48574 over the reporting interval. Its market cap stood at $1.81 billion.

Flux

FLUX fell 7.4% over the reporting interval to $0.73397. The Proof-of-Work protocol posted 462% positive aspects over the past yr. Its market cap stood at $205.74 million.

Gnosis

GNO is down 6.9% to commerce at $120.776 on the time of press. The Ethereum ecosystem protocol was up 7% over the past week. Its market cap stood at $311.55 million.

Sologenic

SOLO recorded a 6.8% loss over the past 24 hours to commerce at $0.33867 as of press time. Regardless of immediately’s loss, the XRP-based liquidity protocol posted 167% positive aspects over the previous month. Its market cap stood at $135.45 million.

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