Bitcoin’s valuation surpassed the $98,000 mark, contributing to a 2.52% growth in the broader cryptocurrency market over the past 24 hours. Even if Bitcoin advanced significantly, Dogecoin (DOGE) and Cardano (ADA) were the main attractions among the best digital assets.
ADA and DOGE Push Crypto Economy to $3.48T Before the Weekend
As the weekend approaches, the cumulative market capitalization of the crypto economy has reached an impressive $3.48 trillion. All of the top ten cryptocurrencies by market capitalization showed gains on Friday. Bitcoin (BTC), the leader in the space, rose by 1.2%, surpassing the key $98,000 threshold. Ethereum (ETH), on the other hand, did better than its competitor, rising 3.7% vs the dollar. Meanwhile, XRP saw a 2.06% rise.
As the Crypto Economy Strikes, ADA and DOGE Remain at the Top $3.48T
Solana (SOL) displayed notable enthusiasm with a 5.7% gain during the day, while BNB registered a more measured 1.12% increase. Among these, Dogecoin (DOGE) distinguished itself with an 11% jump, trading at $0.375 per coin. When it comes to cryptocurrency market capitalisation, DOGE currently holds the eighth position.
Similarly, Cardano (ADA) emerged as a standout with an extraordinary 13.63% increase over 24 hours, securing its position as the ninth-largest crypto asset, just below USD Coin (USDC).
Before the weekend, ADA and DOGE contribute to the $3.48 trillion cryptocurrency economy.
At $45.13 billion, USDC is presently worth more than ADA, which is currently at $38.07 billion, a $7.06 billion difference. Tron (TRX), now the tenth-largest digital currency, experienced a 2.26% surge, bringing its market cap to $23.14 billion. Among Friday’s top performers, SPX, a meme coin, surprisingly achieved a 32.77% increase, followed by SNEK and GIGA, which rose by 24.48% and 19.73%, respectively. Fartcoin (FARTCOIN), in line with its quirky branding, showed a remarkable 17.46% rise.
Other notable gainers before the weekend included ENA, which rose by 17.26%; MOG, up by 16.32%; and BONK, which gained 15.33%. In contrast, several digital assets faced adverse conditions: FTX Token (FTT) fell by 6.60%, GOAT dropped by 6.08%, and VIRTUAL saw a 5.4% decline. The PENGU token also experienced a drop, with a 2.39% decline during the trading day.
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