Dogecoin Surges, Overtaking XRP in Market Cap
Cover Image: U.Today
Dogecoin (DOGE), the popular meme cryptocurrency, has surpassed XRP in market capitalization, as reported by cryptocurrency analytics platform CoinGecko.
Significant Price Increase
DOGE's price has seen a remarkable increase of over 25% within the past 24 hours. This surge has pushed its market cap to $30.45 billion, slightly higher than XRP's current value of $30.40 billion.
Surpassing $0.20 Mark
For the first time since April, the flagship meme coin has managed to surpass the $0.20 level. However, it remains significantly below its record high achieved in 2021, still down by approximately 72%.
Notable Whale Activity
The recent price surge has been accompanied by notable whale movements. Whale Alert reports the transfer of 75 million DOGE tokens from Robinhood to an unidentified wallet.
Solana's Ascent
Solana (SOL), the highly anticipated Ethereum (ETH) competitor, has regained its fourth position in market capitalization, surpassing Binance Coin (BNB).
Bitcoin's Performance
As previously reported by U.Today, Bitcoin has recently surpassed the $75,000 milestone, marking a 9% increase within the past 24 hours.