Dogecoin‘s run has slowed recently, but the top memecoin is still one of the biggest winners over a seven-day period. The price of DOGE is $0.15, according to CoinGecko data. That’s an increase of nearly 65% for the week.
Earlier today, the 10th biggest digital asset had reached a high of $0.18—meaning it had doubled in price. But it has since lost those gains as the crypto market tumbled earlier this morning in the afterglow of a new all-time high price for Bitcoin.
Elsewhere, Shiba Inu (SHIB), is up even more over the past week: The 11th biggest digital asset by market cap has risen by over 196%.
When Bitcoin hit new heights today following a phenomenal run, it has brought the rest of the crypto market with it—particularly meme coins. The highly volatile digital assets based on Internet memes and jokes have shot up more than other, more serious coins and tokens.
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Author: Mathew Di Salvo
Tip BTC Newswire with Cryptocurrency