Bittime - Dogecoin (DOGE), the largest meme-coin crypto asset, has surpassed Cardano ADA to become the eighth largest crypto asset by market capitalization.
Based on the latest data, DOGE has a new market capitalization of around $28 billion (Rp. 439.9 trillion), exceeding Cardano which is at $27.3 billion (Rp. 428.9 trillion).
In a post on X, Cardano founder Charles Hoskinson heaped praise on the leading dog-themed currency. He joked that a new wave of crypto assets had arrived.
“As Doge surpasses Cardano, alt-coin season is officially here, kids,” he wrote. Many traders also call the new wave of altcoins “alt-coin season,” due to their recent surge.
Currently, Dogecoin is riding a bullish wave , according to metrics. According to data from IntoTheBlock, 89% of Dogecoin holders are currently profitable at the current price.
Additionally, even though prices have surged to record highs, Dogecoin outperformed Bitcoin over the past 7 days, with a gain of more than 100%. Whale activity has also increased, indicating greater interest in DOGE.
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With Dogecoin surpassing Cardano ADA, some investors are hoping that Shiba Inu is the next meme/alt-coin to make a similar leap.
Although SHIB is still far behind DOGE in terms of price and market capitalization, its trading volume is close to Dogecoin.
This signals growing liquidity and interest in the crypto market, two equally valuable factors. We have seen meme coins soar on the charts based solely on trading volume, such as DOGE, SHIB, and PEPE coin.
With SHIB and Dogecoin gaining momentum, it is clear that “alt-coin season” is approaching. Fueled by the pump from Bitcoin's surge and a bullish market, the dog-themed currency is poised to climb higher.
Also Read How To Buy Crypto:
Latest Information on Dogecoin (DOGE)
Dogecoin (DOGE) currently occupies the position as the 9th largest crypto asset according to Coinmarketcap , with a market capitalization of IDR 372.6 trillion.
Dogecoin has experienced a significant price increase, reaching its highest price since 2022 amid Bitcoin's bull run.
With a market capitalization of IDR 372.6 trillion and a circulating supply of 143,289,866,384 DOGE coins, Dogecoin is showing strong performance in the crypto market.
Dogecoin differs from Bitcoin in that it is a proof-of-work protocol, uses Scrypt technology and has a block time of 1 minute. Q
The total supply of Dogecoin is unlimited, which means there is no limit to the amount of Dogecoin that can be mined.
Dogecoin has been used primarily as a tipping system on Reddit and Twitter to reward the creation or sharing of quality content.
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With its price up by 71.36% in the last 7 days, Dogecoin (DOGE) is one of the best performers in the global crypto asset market.
How to Buy Dogecoin (DOGE) on Bittime
You can buy and sell DOGE in an easy and safe way via Bittime . Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti.
Dogecoin (DOGE) is available on Bittime with the market pair DOGE/IDR . To be able to buy DOGE IDR at Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application.
Learn the complete guide on how to buy DOGE on Bittime .
Monitor price chart movements of Dogecoin (DOGE), Bitcoin (BTC) , Ethereum (ETH) , Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.
Also read:
Business with Dogecoin (DOGE): Here is a List of Companies that Accept DOGE!
Dogecoin (DOGE) Whale Moves 332.9 Million DOGE to Binance
How to Sell Dogecoin (DOGE), Here's the Guide!
Dogecoin (DOGE): Definition, History and How It Works
DISCLAIMER : This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.
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