In the last 24 hours, major cryptocurrency currencies have experienced a positive change. The leading cryptocurrency, Bitcoin (BTC), approached the $68,000 level, while other altcoins also recorded significant increases. Ethereum’s price rose above $3,900. Meanwhile, other top-tier altcoins like Solana (SOL), XRP, and Cardano (ADA) witnessed significant price increases.
Rise in BTC and ETH Prices
Bitcoin‘s price has held above $67,000 following the recent recovery. BTC‘s price reached $67,129.10, marking a 1.75% increase as of Friday, March 8, when the article was written. On the other hand, the trading volume decreased by 32.72% to $44.65 billion in the last 24 hours. Meanwhile, the market value of the cryptocurrency is $1.31 trillion. Looking at altcoins, Ethereum’s price rose by 3.17% to $3,901.20, with a market valuation of $468.61 billion.
ETH’s trading volume also fell by 36.46% to $21.70 billion. Meanwhile, Binance Coin (BNB) price increased by 9.69% to $470.13. Additionally, the 24-hour trading volume rose by 7.68% to $3.51 billion. Solana’s price continued to stay above the $140 level. SOL’s price increased by 4.22% to $144.54. Conversely, SOL’s trading volume decreased by 1.01% to $5.97 billion in the last 24 hours. XRP price rose above $0.62 amidst the recovery. XRP’s price increased by 1.31% to $0.6268. However, XRP’s trading volume fell by 23.05% to $2.17 billion.
Current State of Meme Tokens
Furthermore, Cardano’s price today rose by 0.63% to $0.7391. ADA‘s 24-hour trading volume fell by 29.69% to $848.08 million. As major cryptocurrency prices witnessed a rise, popular meme tokens followed suit. Dogecoin‘s price increased by 8.19% to $0.1647, while its rival Shiba Inu’s price saw an 8.02% increase to $0.00003358. A popular meme token, Pepe Coin (PEPE), gained over 13% today. At the time of writing, Pepe Coin‘s price rose by 13.55% to $0.000007731, with a market value of $3.25 billion. In contrast, the 24-hour trading volume decreased by 41.44% to $1.67 billion.
The famous meme token Floki (FLOKI) recorded a 35% increase and was among the top crypto gainers of the day. FLOKI’s price, during the report, rose by 35.16% to $0.0001705. Additionally, its trading volume increased by 1.39% to $666.67 million. Moreover, FLOKI reached a high level of $0.000173 amidst the recent rally.
