Dogecoin (DOGE-USD) is charging forward in today’s altcoin rally, soaring over 11% to hit $0.355, according to CoinGecko. This makes it the fastest-growing asset among the top 25 cryptocurrencies, with its market cap spiking past $52 billion. Traders on Binance have been betting big on DOGE, with 81% of them optimistic about its price surge. The trading volume jumped 45% to $3.68 billion, showing growing investor interest.
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XRP, Solana, and Cardano See Gains Too
While DOGE led the pack, other major cryptocurrencies also posted impressive gains. XRP (XRP-USD) climbed 8.15% to $2.56, with trading volume rising 12% to $8.78 billion. Solana (SOL-USD) saw a 6.9% increase to $187.91, while Cardano (ADA-USD) inched closer to its $1 milestone, up 7.49% to $0.97.
Notably, Whale Alert detected significant Solana transactions, fueling market activity without dampening its upward momentum. Meanwhile, Cardano’s trading volume rose 15.53%, signaling strong support for its price action.
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