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Cryptocurrency News Articles

DOGE, XRP, XMR: Top Gainers in Crypto You Did Not Expect

Nov 04, 2024 at 09:31 pm

As cryptocurrency markets are losing steam after the bullish completion of "Uptober," some veteran cryptocurrencies are performing surprisingly well.

DOGE, XRP, XMR: Top Gainers in Crypto You Did Not Expect

After a bullish completion of “Uptober,” cryptocurrency markets are cooling down. However, some veteran cryptocurrencies are showing surprising performance.

Leading the top 100 cryptos by market performance is Dogecoin (DOGE), the oldest meme coin and largest meme cryptocurrency by market capitalization. In the last 24 hours, its capitalization added 3.7% and exceeded the impressive $23 billion level.

Dogecoin (DOGE) also outperformed all competitors with a 9% upsurge in the last seven days. Overall, the capitalization of the meme coin segment dropped by 0.6% overnight.

Popcat (POPCAT) is the worst performer here, with 11.7% in value erased overnight. The largest cat-themed crypto lost its place in the top 50.

Also in the red are popular meme coins Floki (FLOKI), Pepe (PEPE) and Based Brett (BRETT). Floki (FLOKI) saw its capitalization dropping below $1.2 billion.

XRP, one of the oldest altcoins, also shines bright, adding 1.7% amid dominant market apathy. Its capitalization targets the $30 billion mark.

As covered by U.Today previously, XRP crypto sees an impressive increase in value transfers between new-gen on-chain whales.

$228 Million liquidated as Bitcoin (BTC) yet again disappoints bulls

Another unexpected member of the top gainers' list is Monero (XMR), the largest privacy-centric cryptocurrency. Monero (XMR) added 1% and is ready to conquer the $3 billion capitalization level.

A month ago, Kraken, the last major exchange with Monero (XMR) support, was forced to blacklist the asset from European users.

Today, the market benchmark is down by 1.2%. The largest cryptos, Bitcoin (BTC) and Ethereum (ETH), added 0.6% each. In total, over $228 million in crypto positions (70% longs) were liquidated in the last 24 hours as Bitcoin (BTC) failed to stay above $70,000.

Bitcoin's (BTC) drop below $68,000 pushed the Fear and Greed Index to 70/100, the lowest in 10 days.

News source:u.today

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