Cryptocurrency Daily Thefoxposts.com

One of the top-performing cryptocurrencies on the market right now is Dogecoin (DOGE). The memecoin has increased by 235.6% over the past month, 26.2% on the daily charts, 128.3% on the weekly charts, and 122.9% on the 14-day charts. Since November 2023, DOGE’s price has likewise gone up by 376.6%. The project is now the sixth-largest cryptocurrency project with a market capitalization of nearly $61 billion. Also Read: Trump To Appoint Pro-Crypto Candidates for Key Federal Agencies Source: CoinGecko Why Is Dogecoin Rallying? DOGE’s rally is likely due to a few developments that have taken place over the last few days. Firstly, Donald Trump won the U.S. Presidential election, triggering a market-wide rally. Bitcoin (BTC) hit a new all-time high earlier today and is inching closer to the $90,000 mark. Also Read: Microsoft: MSFT $13B Investment Called ‘Best Money Ever Spent’ Source – Bitcoin.com Secondly, Elon Musk, one of Trump’s most significant endorsers, wants t...

XRP has struggled to move toward the $1 mark for years, with the token predominantly consolidating below $0.60. The asset has generally failed to keep up with peers such as Bitcoin (BTC). One of the cited barriers to XRP’s lackluster growth has been the court case between Ripple and the Securities Exchange Commission (SEC). Although the case outcome has largely favored Ripple, with the token retaining its non-security status, XRP has shown minimal movement to anchor it in a position to reach $1. By press time, XRP was trading at $0.51, having rallied over 2% in the last 24 hours. However, on the weekly chart, the token is down 1.7%. Picks for you Charles Hoskinson discusses Cardano integration with Bitcoin 10 mins ago ‘Rich Dad’ R. Ki...