Posted by Xoken.org – The prices of Bitcoin and other top cryptocurrencies were observed to experience mixed movements on Friday (1/3/2024). The majority of top ranking cryptocurrencies are still in the green zone.
Based on data from Coinmarketcap, the cryptocurrency with the largest market capitalization, Bitcoin (BTC) is weakening again. Bitcoin corrected 1.76 percent in 24 hours, but still rose 19.72 percent a week.
Currently, the price of Bitcoin is at USD 61,388 or the equivalent of IDR 964.5 million (assuming an exchange rate of IDR 15,712 per US dollar).
Ethereum (ETH) is getting weaker. ETH went up 0.68 percent last day, but still gained 16.21 percent for the week. Thus, currently ETH is at the level of IDR 52.6 million per coin.
The next crypto, Binance coin (BNB) corrected again. In the last 24 hours BNB returned 3.54 percent, but is still up 4.83 percent on the week. This makes BNB priced at IDR 6.28 million per coin.
Then Cardano (ADA) is still in the green zone. ADA strengthened 4.29 percent in the last 24 hours and 11.85 percent in the week. Thus, ADA is at the level of IDR 10,335 per coin.
Meanwhile, Solana (SOL) is still strengthening. SOL flies 7.83 percent in a day and 23.17 percent in a week. Currently, the price of SOL is at IDR 1.97 million per coin.
XRP was observed to still be in the green zone. XRP strengthened 1.88 percent in 24 hours and 8.43 percent in a week. In this way, XRP is now priced at IDR 9,221 per coin.
Meme coin Dogecoin (DOGE) is still strengthening. In the last day DOGE rose 0.72 percent and in the week 40.93 percent. This makes DOGE trade at IDR 1,868 per token.
Today’s crypto prices stablecoin Tether (USDT) and USD coin (USDC) both strengthened 0.01 percent. This means that the prices of both of them remain at the USD 1.00 level
Meanwhile, Binance USD (BUSD) strengthened 0.01 percent in the last 24 hours, leaving its price still at the USD 1.00 level.
The overall crypto market capitalization today is at USD 2.26 trillion or the equivalent of IDR 35,500 trillion.
Dogecoin Price Hits Highest Position
Previously it was reported, Bitcoin may be a hot topic of conversation ahead of the halving. However, among today’s top cryptocurrencies and tokens, there is an even bigger winner, Dogecoin.
Dogecoin (DOGE) rose 29.35 percent in the last day until 17.40 WIB. It now stands at USD 0.13, according to Coinmarketcap, leading gains among the top cryptocurrencies in the period.
DOGE is currently the 9th largest crypto currency according to Coinmarketcap, with a market capitalization of USD 18.35 billion.
Launching Decrypt, Thursday (29/2/2024), the price of Bitcoin (BTC) is soaring, taking most of the market with it. DOGE is no exception, and as one of the largest and most well-known cryptocurrencies, DOGE has made impressive gains. In the past week, it was also one of the biggest gainers with airplay of 51.3 percent.
DOGE is a meme coin, a cryptocurrency based on Internet jokes or popular culture. This is the biggest and original meme coin, which was originally created as a joke to make fun of Bitcoin.
However, its popularity and price increased after Tesla CEO and richest person in the world, Elon Musk, uploaded the asset on Twitter (now known as X). At one point, during the 2021 bull run, the company had a larger market capitalization than many companies in the S&P 500.
Elon Musk has since flagged the meme coin may be used to make payments on Twitter. DOGE developers exclusively told Decrypt in 2021 that they were working with Musk to improve the cryptocurrency so it could be widely accepted for payments.