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After recent volatility, the leading cryptocurrency Bitcoin (BTC) has surpassed the $50,000 threshold. Following the breach of this psychologically significant level for investors, what is the current status of Dogecoin (DOGE), which has drawn attention with major surges in the crypto markets in past years?
What is Dogecoin’s Value in Turkish Lira?
Dogecoin, the first meme token of the crypto markets, has taken its share of the general upward momentum. The popular altcoin has revived investors’ hopes for a rise due to the volatile price movements in the last 24 hours. According to data from the 21milyon.com website, Dogecoin traded between a low of $0.8285 and a high of $0.8551 within 24 hours.
At the time of writing, it is trading at approximately $0.8454, which corresponds to about 2.62 Turkish Lira. This price represents a decrease of about 65 percent from the all-time high of 6.03 Turkish Lira in May 2021.
Solana’s Price Increase
Moreover, the popular smart contract platform Solana (SOL) had suffered significant losses due to some glitches on the network. The recovery after these issues has raised questions about whether this could be the beginning of new increases, especially with the anticipated halving process in April.
Based on data from 21milyon.com, the cryptocurrency has surpassed the psychologically important $100 level. Intraday losses had caused the currency to fall below $100. However, SOL has climbed back above $100 with the latest recovery. At the time of writing, Solana is trading at approximately $100.69, which is roughly 3.173 Turkish Lira.
