Bitcoin hosts approximately $70,000, but meme coins dominate.

Bitcoin hosts approximately $70,000, but meme coins dominate.

This week, meme coins were the most active, with Dogwifhat taking the lead.

Bitcoin has increased by more than 10% in value over the past week. According to CoinGecko, its current value is $69,966, which is still below the nearly $74,000 all-time peak it reached earlier this month.

However, the majority of this week’s events have transpired in the realm of meme coins and tokens.

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Dogecoin, among the leading cryptocurrencies by market capitalization, has experienced significant gains this week. The current value of the ninth largest digital asset is $0.208, an increase of nearly 45 percent in seven days.

Only Bitcoin Cash, the fifteenth largest coin, has surpassed it, with a value increase of over 30% in the past week and over 50% in the past thirty days.

Within the realm of rapidly evolving meme coins, alternative tokens have experienced significant growth. Dogwifhat, in particular, has had the greatest performance of the week among cryptocurrencies. At $4.52, the Solana-based token has experienced a nearly 100% increase in value over the past week.

It has been on a rampage since the emergence of significant coins and tokens this week. When cryptocurrencies such as Bitcoin, Ethereum, and Solana gain traction, memes can frequently follow suit.

Another prominent meme, Shiba Inu, has also been in good fortune this week: the Dogecoin competitor’s value has increased by more than 1% in the last week, and it was trading at $0.00003 early on Saturday.

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Additionally, Bonk and Pepe, both based in Solana, have gained significant attention, with increases of 23% and 6%, respectively.

Significant coins such as Ethereum and Solana have experienced a marginal increase in value over the previous week. At $3,494, Ethereum’s value has increased by just over 4%.

The price of Solana has increased by more than 12 percent to $196.23.

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