Bitcoin, Ripple and Ethereum Are Melting! This Altcoin Is Flying
Bitcoin (BTC), the leading cryptocurrency, continues to decline without slowing down today. The BTC price is close to plunging below $ 53,000 with a 5.5 percent devaluation at the time of writing. Along with Bitcoin, it records serious losses in other cryptocurrencies. The biggest loser of the Top 10 is Ripple (XRP) with a loss of 20 percent. Ethereum price is also in danger of falling below $ 2,000 and is struggling on the red board. However, the popular altcoin Dogecoin (DOGE) is rising sharply and determining a new ATH. Dogecoin recorded a new all-time high on Binance as high as $ 0.435. So what catalysts are driving the crazy increase in DOGE?
🚨While Bitcoin, Ripple and Ethereum are falling, Dogecoin is booming!
Dogecoin (DOGE) is rising strongly at the time of writing and is challenging other major cryptocurrencies. At the time of writing, Bitcoin faces a serious lack of momentum. The leading cryptocurrency has lost more than 5 percent in value. According to the famous analyst Aayush Jindal, who made successful predictions, the Bitcoin price is currently at risk of further downside towards $ 52,000. The fall in BTC causes other cryptocurrencies to melt more. Leading altcoin Ethereum is close to falling below the critical support of $ 2,000, with a loss of 8 percent.
🚨Bets Opened For Dogecoin Price! Here are Meteoric Forecasts and Facts…
Ripple price is sadly the leader of the losers club. XRP is trading around $ 1.20, with a 20 percent loss. Polkadot and Bitcoin Cash are the most losing cryptocurrencies in the top 10 after XRP. While almost the entire cryptocurrency market is bleeding, an altcoin stands out among the major cryptocurrencies, which has made serious profits. Dogecoin, sitting in fifth place, has risen by 22 percent in the past 24 hours. The coin surged to $ 0.435 with this rally, marking a new all-time high. Dogecoin's weekly earnings also look spectacular and reflect gains of over 450 percent.
↪️Why is the popular altcoin Dogecoin rising? Here are the reasons…
What are the main reasons for the rise of Dogecoin, the shining star of the last period? As Kriptokoin.com previously reported, Dogecoin investors and fans called April 20 "Doge Day" and gathered to celebrate today. Also, the hashtag #DogeDay opened on Twitter became a trend. In addition, Elon Musk's tweets recently made a positive impact on the rise of crypto money.
🚨Gold Wolf: This Altcoin Eats Bitcoin! Better Than BTC ...
The price has doubled its value as usual with Elon Musk's shares. An important announcement for Dogecoin came from tech company Newegg. The company announced that DOGE can be used for payments. Popular chocolate brand Snickers also supported the "DogeDay" movement. Snickers shared an image of a chocolate label "Dogecoinrise" and showed his support for cryptocurrency.