The leading cryptocurrency, Bitcoin (BTC), which started the week with a decline, started trading again at the level of $29,250 after a rise during the day. Dogecoin (DOGE), which has gained momentum in the upward direction in recent days, has accelerated value increases as the market resumes its upward trend and reached a price level of $0.081.
Market Resumes Upward Trend
Bitcoin (BTC), which started the week with a decline, started trading at $29,250 after recording an increase in value close to 1% within the last 24 hours. Many cryptocurrencies with high market value also turned upward again due to the increase in value of BTC.
Ethereum (ETH) started trading at $1,855 with an increase of about 1% in the last 24 hours, and the total market value of the cryptocurrency ecosystem reached $1.18 trillion.
Despite the downward trend in the cryptocurrency market at the beginning of the week, Dogecoin (DOGE), which has gained strong upward momentum in recent days, has recorded double-digit value increases by accelerating upward price movements as the market resumes its upward trend.
Value Increase Approaches 20%
With Elon Musk, the founder of Tesla and SpaceX and also the new owner of Twitter, who will also buy Twitter in October 2022, adding the Dogecoin symbol to the location section of his Twitter profile, DOGE has experienced a remarkable increase. Despite the market starting the week with a decline, Dogecoin (DOGE), which continues to rise, accelerated value increases as the market resumed its upward trend.
Dogecoin (DOGE), which has recorded a value increase of over 20% in the last 1 week, also recorded an increase of around 10% in the last 24 hours, surpassing the price level of $0.081. After these recent value increases, DOGE ranked among the cryptocurrencies with the highest percentage increase in both the last week and the last 24 hours.
