Dogecoin Community Exploration
Discover the deeper value of dogecoin and the latest developments of dogecoin whales.
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Aug / 18
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- Solana 'flips' Dogecoin at the $9 Billion Market Cap
- Aug 18, 2023 at 06:00 pm TheBitTimes
- Large and mid-cap altcoins, including Solana and Dogecoin, have experienced significant value losses in the past few hours. Solana is down 5% on the daily, while Dogecoin has depreciated by 8%. Despite the price dip, Solana managed to flip Dogecoin in terms of market cap. The gap between the two widened, with Solana's lead accelerating to $220 million. This comes as Solana recently became the most liquid altcoin on Coinbase, surpassing the $3 million threshold. Meanwhile, other altcoins like MATIC and XRP struggled around the $1 million mark. Increased liquidity implies higher market participation and the ability to buy and sell assets like Solana without causing significant price movements. Consequently, Solana suffered relatively fewer losses compared to
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