Dogecoin Outperforms XRP, SOL and ADA Amid Price Rebound
The post Dogecoin Outperforms XRP, SOL and ADA Amid Price Rebound appeared on BitcoinEthereumNews.com.
Cover image via www.freepik.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. As the broader cryptocurrency market registers an altcoin rally, Dogecoin (DOGE) has taken a staggering lead. The meme coin has soared past other notable assets like XRP, Solana (SOL) and Cardano (ADA), which have all recorded impressive price upticks in the last 24 hours. Dogecoin leads altcoin pack As of this writing, the DOGE price was changing hands at $0.3494, representing a 10.04% increase. Investors’ interest has continued to grow, as shown by trading volume, which soared 45% to $3.68 billion. DOGE climbed from a low of $0.3114 to post its current price performance amid a market rally. Dogecoin 1D Price Chart. Source: CoinMarketCap Related Traders on Binance might have triggered the current price rally as they bet long on DOGE, as earlier reported by U.Today. Over 81% of the traders on the exchange were optimistic about a price rally, and it is currently playing out. XRP also posted gains, but they were slightly lower than DOGE. XRP had an 8.15% price increase to $2.56. XRP’s trading volume grew by 12% to $8.78 billion. This signals a departure from the price fluctuation that XRP has witnessed in the past 30 days, where it has struggled to breach the $2.40 level. Investors hope XRP, buoyed by the RLUSD stablecoin’s expansion and performance, might support it in retesting higher…
Filed under: News - @ January 15, 2025 8:25 am