In the past week, Dogecoin DOGE has increased by 27%, while XRP has increased by 10.7%. The overall crypto market valuation was up as tokens recover after the FTX collapse.
Data from Coincu shows that Dogecoin’s native token, DOGE, had increased by 25% to an intraday high point of $0.109 before a slight decrease. The DOGE, which is backed by Elon Musk, increased 27.86% in the past week from a low of $0.07 on rumors that Twitter is getting close to launching its eagerly awaited payments function.
XRP, Dogecoin, Solana, and Ether all had a comeback as negative sentiment caused by the FTX fall cooled off. At the same time, ETH rose 3.5%, reaching an intraday high of $1,220.35. At the time of this writing, the market’s overall value had increased by 1.2% over the last 24 hours from $834 billion to $842 billion.
Despite its gains, SOL has had a significant retracement so far this year. The hybrid proof-of-history and proof-of-stake digital asset has decreased 91% from its all-time high, a sizable decline made worse by the FTX collapse.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
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