Home » Crypto price today: Dogecoin rallies 16% after Elon Musk’s Twitter antics; crypto markets reclaim $1 trillion mark

Crypto price today: Dogecoin rallies 16% after Elon Musk’s Twitter antics; crypto markets reclaim $1 trillion mark

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Cryptocurrency prices rose Thursday morning. Global cryptocurrency market capitalization increased by 2.50%, reaching $1 trillion in global cryptocurrency market capitalization. The total volume of the cryptocurrency market in the last 24 hours is $103.24 billion, showing a downward trend of 47.25%. The volume of all stablecoins is $92.99 billion.

Bitcoin, Ethereum, BNB

Bitcoin, Ethereum, and BNB have performed well over the past 24 hours.

Bitcoin is trading at $20,769, up 2.49%. Its superiority is 39.70%. The Ethereum blockchain native token is up 4.75% and is trading at $1,555. Binance Smart Chain’s native cryptocurrency, BNB, witnessed an uptrend of 1.33%.

stablecoin

Stablecoins have shown less volatility and most of them have remained at $1 parity.

The USDT Tether stablecoin has changed in value by -0.01% in the last 24 hours and is trading at $1. The USDC stablecoin also saw a negative change of 0.01%, trading at $1. BinanceUSD or BUSD has also changed its value by 0.07% positive over the last 24 hours. The stablecoin is trading at $0.999.

Stablecoin DAI is down 0.02% and is trading at $1.

Layer 1 blockchain token

Top cryptocurrencies native to Layer 1 blockchain networks such as Ripple, Solana, Avalanche and Cardano have shown positive momentum over the last 24 hours.

Cardano’s ADA showed an uptrend of 1.68%. Solana blockchain’s SOL rose 1.14% while Avalanche’s AVAX rose 0.62%. XRP Ripple is up 3.20%.

polka dots and polygons

Polkadot’s native cryptocurrency DOT and Polygon’s native crypto token MATIC showed positive momentum.

Over the past 24 hours, the DOT token is up 0.37% while Polygon’s MATIC crypto token is up 0.38%.

Mimecoin

Memecoins made the most profit. Dogecoin is up 16.12%. This is partly due to Elon Musk’s recent antics related to his Twitter acquisition and partly due to market momentum. Meanwhile, Meme’s cryptocurrency, Shiba Inu, is up 11.36% in the last 24 hours.

Over the past 24 hours, the majority of the top cryptocurrency tokens have made positive moves. Crypto token prices are also rising.

Also read: Crypto Prices Today: Bitcoin, Ether and Solana Rise. Cardano, Polkadot Up 9% As Green Crypto Markets – BusinessToday

Also read: Cryptocurrency prices today: Bitcoin, Ethereum, Green Shiba Inu, Dogecoin below. Winning Majority Tokens – BusinessToday

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