DOGECOIN flips Polkadot to become 10th largest crypto by market cap
- DOGECOIN’s market capitalization has surpassed that of
- Although traders have traded more DOT than DOGE in the last 24 hours.
- The stock was the worst performer in the top ten over the past seven days, falling 17.4%.
In an interesting turn of events, data available on CoinMarketCap shows that (DOGE) has flipped Polkadot (DOT) to become the 10th largest cryptocurrency in the world by market cap.
The current market cap of DOGE and DOT is $8,166,471,216 and $7,933,309,101 respectively, with DOGE leading the way with over $230 million.
At the time of writing, DOGE is trading at $0.06156 across all cryptocurrency exchanges, up 1.4% in 24 hours. However, DOT is trading at $7.01, down 9.17% over the past seven days. Although in the last 24 hours people traded DOT more than DOGE with respective volumes of 219,592,759 and $211,606,682.
Additionally, after the merger went live on September 15, Dogecoin became the second-largest proof-of-work (PoW) crypto, well ahead of notable coins like (LTC), (ETC), and Monero (XMR).
The crypto market in general has been in a bleeding trend since last December 2021, with BTC losing over 70.83% since its last all-time high (ATH). Remarkably, Polkadot reached its (ATH) in November 2021 at $54.96. Since then, it has lost 87.25% of its value and is trading at $7.01. On the other hand, DOGE reached its ATH in May 2021 at $0.73. Since his ATH, he is down over 91.6%.
Only (XRP) has seen a 10.66% surge among the top ten cryptocurrencies over the past 24 hours. Ethereum (ETH) was the worst performer in the top ten over the past seven days, down 17.4%.
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