Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious OutperformanceFind Stocks Now

DOGECOIN Flips Polkadot, Becomes 10th Biggest Crypto by Market Cap

Published 05/28/2022, 04:05 AM
Updated 05/28/2022, 04:30 AM
© Reuters.  DOGECOIN Flips Polkadot, Becomes 10th Biggest Crypto by Market Cap

  • DOGECOIN (DOGE) has flipped Polkadot (DOT).
  • DOT has lost over 82% of its value since the last ATH.
  • “Tesla (NASDAQ:TSLA) merch can be bought with Doge,” says Elon Musk.

In an interesting turn of events, data available on CoinGecko shows that Dogecoin (DOGE) has flipped Polkadot (DOT) to become the tenth biggest cryptocurrency in the world by market capitalization.

The current market capitalization of DOGE and DOT is respectively $10,949,701,938 and $10,480,467,284, with DOGE leading by over $500 million.

At the time of writing, DOGE trades at $0.083 across cryptocurrency exchanges, with a 7.4% increase in 24hours, whereas other major cryptocurrencies like Bitcoin and Ethereum barely had a 0.1% increase in 24 hours.

While DOT has a 24 hours volume of $832,177,623, DOGE traded well above $1 billion in the last 24 hours.

The new highs of DOGE can be linked to the recent

Continue reading on CoinQuora

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.