DOGE is up only 20% in the last 7 seven days despite Tesla’s acceptance of the token. Although the market cap of the meme currency has increased by 4.4% in the last 24 hours. Rival of the DOGE, SHIB, has also gained 7%.
DOGE is up only 20% in the last 7 days:
DOGE is up only 20% over the last week despite Tesla’s acceptance of the token. Someone might say that it is a good momentum of the token but I want to reiterate that Tesla’s acceptance of the BTC sent it from $36k to $45k in a day. This news of the DOGE acceptance at Tesla should have sent the meme currency minimum to $1 per unit. After the announcement of the token’s acceptance, it spiked immediately.
According to the statistics, DOGE has been exchanging hands around $0.182 to $0.192 on January 15, 2022. In the $2.20 trillion markets, Dogecoin represents 1.13% and has a market capitalization of around $24.8 billion. When compared to the DOGE, SHIB has not had a great week but is up by more than 7%.
Buterin’s first poll includes the top cryptocurrencies by market cap, excluding stablecoins. At the time of writing, bitcoin, the largest cryptocurrency, has a market cap of $821 billion based on data from Bitcoin.com Markets. Solana, the fifth-largest crypto, has a market cap of $47 billion while Cardano, the seventh-largest coin, has a market cap of $42 billion.
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