BabyDoge Soars 150%, SHIB Up 28% (Weekend Watch) – Crypto News – Crypto News
Connect with us
BabyDoge Soars 150%, SHIB Up 28% (Weekend Watch) BabyDoge Soars 150%, SHIB Up 28% (Weekend Watch)

Cryptocurrency

BabyDoge Soars 150%, SHIB Up 28% (Weekend Watch) – Crypto News

Published

2 years ago

on

Unlike some of the previous weekends since the start of the year, this one has been rather calm for bitcoin, which remains slightly above $23,000.

Some altcoins, though, have performed more impressively, including OKB and a few memecoins.

SHIB, BabyDoge Skyrocket

CryptoPotato Reported yesterday Shiba Inu’s massive daily increase of over 10%. However, the second-largest memecoin is well in the green once again on a daily scale. SHIB is up by another 7.5%, while its weekly gains are almost 30%, making it one of the best performers for the past seven days.

Among the few alts that have done better is another memecoin – BabyDoge Coin. The Dogecoin spin-off has soared by roughly 150% within the same timeframe.

OKX’s native cryptocurrency has soared by almost 7% in the past 24 hours and has tapped another high at nearly $45. Ethereum, Binance Coin, Ripple, Cardano, Dogecoin, and MATIC are also slightly in the red from the larger-cap alts.

Solana, Polkadot, and Avalanche, in contrast, have registered minor daily declines.

The total crypto market cap has added a few billion in a day and sits close to $1.1 trillion on CMC.

Cryptocurrency Market Overview. Source: Quantify Crypto

Bitcoin Calm Above $23K

The primary cryptocurrency experienced some enhanced volatility at the start of the month after the US Federal Reserve announced raising the key interest rates by 25 basis points once again.

At first, the asset remained calm around $23,000. However, it dipped a few hundred dollars hours later before it shot up by over $1,500 and tapped a new five-month high well above $24,000.

The bears intercepted the move at this point and pushed the asset south. As a result, BTC slipped by around $1,000 and has calmed at around $23,300 since then.

Its market capitalization is still approximately $450 billion, while its dominance over the alts is down to 41.5% as several alts have surged notably in the past week or so.

BTCUSD. Source: TradingView
BTCUSD. Source: TradingView
SPECIAL OFFER (Sponsored)

Binance Free $100 (Exclusive): Use this link to register and receive $100 free and 10% off fees on Binance Futures first month ,terms,

PrimeXBT Special Offer: Use this link to register & enter POTATO50 code to receive up to $7,000 on your deposits.

Disclaimer: Information found on CryptoPotato is that of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.

Crypto charts by TradingView.

Related Topics:
Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Trending