ApeCoin Soars 16%, Dogecoin Taps 3-Week High (Weekend Watch)
Bitcoin keeps trading without any substantial movements, similar to the previous weekend, and seems stuck around $16,500.
Its dominance has taken another minor hit as some alts, such as Dogecoin and ApeCoin, have jumped by impressive percentages.
APE, DOGE Pump Higher
Most of the larger-cap alternative coins stand quiet today, with little-to-no movements, which is somewhat expected as the trading volumes are down again during the weekend.
Ethereum, Binance Coin, Ripple, Cardano, Polygon, Polkadot, Litecoin, Shiba Inu, OKB, and Solana are either with minor gains or insignificant declines.
Dogecoin is among the few exceptions. After pumping by double digits yesterday, DOGE is up by another 6% today. As a result, it has neared $0.1 for the first time in about three weeks.
ApeCoin has surged the most from the top 50 coins. A 16% increase has taken the asset to almost $3.8.
With most other altcoins sitting calmly again, though, the crypto market cap has stalled around $840 billion.
Bitcoin Continues to Stand Flat
Unlike Dogecoin or ApeCoin, Bitcoin’s performance has been quite underwhelming in the past few days. The asset had dumped to a two-year low during the working week at around $15,500. However, the bulls stepped up at that point and pushed the asset north.
This culminated in reclaiming $16,000 and jumping to almost $17,000. However, BTC failed at that point and dropped back down to $16,500.
Bitcoin has been stuck around that level for several days without moving from there. As such, its market cap has remained at just under $320 billion. Its dominance over the altcoins is down to under 38%.
Binance Free $100 (Exclusive): Use this link to register and receive $100 free and 10% off fees on Binance Futures first month (terms).
PrimeXBT Special Offer: Use this link to register & enter POTATO50 code to receive up to $7,000 on your deposits.
Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.
Cryptocurrency charts by TradingView.