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Cryptocurrency News Articles
Polkadot (DOT), Solana (SOL), Ripple (XRP), Shiba Inu (SHIB) Price Analysis and News
Sep 24, 2024 at 01:50 pm
Polkadot had a solid performance, rising 2.15% in the past 24 hours and accumulating gains of 6.55% over the past week.
Top crypto performers on March 17: Polkadot, Solana, Ripple, Shiba Inu (SHIB)
March 17 saw mixed performances among the top cryptocurrencies by market capitalization, with some coins notching up gains while others faced slight declines.
Here’s a closer look at the price movements of Polkadot (DOT), Solana (SOL), Ripple (XRP) and Shiba Inu (SHIB) on March 17.
Polkadot (DOT) price today, March 17: Rising on parachain auction interest
DOT price performed solidly on March 17, rising 2.15% in the past 24 hours and accumulating gains of 6.55% over the past week.
Polkadot saw a solid performance last week as parachain auctions entered their third batch. The auctions, which determine which projects will secure a slot on Polkadot’s parachains, have attracted interest from developers and investors, driving up the price of DOT.
Solana (SOL) price today, March 17: Seeing slight dip after fast rise
Solana price saw a slight dip on March 17, decreasing 0.63% in the past 24 hours. However, SOL price is still up 11.10% for the week.
Solana saw a rapid rise in the past week as the network’s fast growth and increasing use of Solana-based decentralized applications (dApps) and nonfungible token (NFT) platforms continue to attract attention.
Ripple (XRP) price today, March 17: Facing minor declines amid legal battle
Ripple price faced minor declines on both the daily and weekly charts. XRP price decreased 1.07% in the past 24 hours, while it is down 0.39% for the week.
XRP price continues to trade within a tight range as the market awaits a decision in the ongoing legal battle between Ripple Labs and the U.S. Securities and Exchange Commission. The court ruling could have a major impact on XRP price.
Shiba Inu (SHIB) price today, March 17: Seeing slight decline after gains
Shiba Inu price saw a slight decline on March 17, decreasing 2.11% in the past 24 hours. However, SHIB price is still up 8.45% for the week.
SHIB price saw a 2.11% decline in the past 24 hours, though it is still up 8.45% for the week. The meme-inspired cryptocurrency saw a retail-driven rally in the past week.
Despite being up for the week, SHIB price is down around 78% from its all-time high of $0.00008845 on Oct. 28. However, the coin’s massive gains in 2023 have brought it closer to re-entering the top 10 cryptocurrencies by market cap.
Top crypto gainers and losers on March 17: SHIB, GMT, RPL, LDO, XLM
At the time of writing on March 17, the total crypto market cap stands at $2.336 trillion, up 0.81% in the past 24 hours. BTC price is currently trading at $65,897, up 0.68%, while ETH price is up 1.04% and trades at $3,990.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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