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SOL Overtakes MATIC By Market Cap, What’s Next For DOGE?

Solana overtook Polygon by market cap for some time.Crypto market capitalization hits $1 trillion.SOL is currently trading at $23, a major rise from $8 at the end of...
SOL Overtakes MATIC By Market Cap, What’s Next For DOGE? SOL Overtakes MATIC By Market Cap, What’s Next For DOGE?
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  • Solana overtook Polygon by market cap for some time.
  • Crypto market capitalization hits $1 trillion.
  • SOL is currently trading at $23, a major rise from $8 at the end of 2022.

According to data from CoinMarketCap, Solana (SOL) took over Polygon (MATIC) for a brief time with a total market cap worth $8,646,177,569. However, Polygon soon reclaimed its place with a market capitalization of $8,669,549,784. At the time of writing, SOL’s market cap stands at $8,636,881,477.

Moreover, the crypto rally over the last two weeks has pushed the industry’s total market capitalization to $1 trillion, for the first time since crypto exchange FTX’s downfall. Additionally, Bitcoin’s value increased by 27%, going from $16,500 to $21,000 in just two weeks. BTC’s market cap hit $400 billion with its dominance going back up to 41%.

However, Bitcoin is not the only digital asset on the rise. The majority of altcoins including Solana, Polkadot, Polygon, Avalanche, and more are experiencing a heavy rise in their prices.

While Solana was impacted the most in Sam Bankman-Fried’s crypto shakeout, SOL has almost tripled in value surging to $23 after a debating $8 at the end of 2022.

On the other hand, $SHIB’s new meme coin BONK is suffering a downtrend after being on the rise by 787% since its launch. Currently, it is down by 56% from a seven-day high of $0.000002 last Sunday to a low of $0.00000088 on Friday.

Meanwhile, Shiba Inu has also spiked in the last few days, nevertheless down by 88% from its all-time high of $0.000086. Simultaneously, its competitor DOGE marked more than 16% gains from a seven-day low of $0.077 on Tuesday to a high of $0.092 on Monday.

The post SOL Overtakes MATIC By Market Cap, What’s Next For DOGE? appeared first on Coin Edition.

See original on CoinEdition

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07-02-2023 09:23:22 (UTC+7)

EUR/USD

1.0739

+0.0008 (+0.08%)

Summary

↑ Sell

Moving Avg:

Buy (3)

Sell (9)

Indicators:

Buy (0)

Sell (8)

EUR/USD

1.0739

+0.0008 (+0.08%)

Summary

↑ Sell

Moving Avg:

Buy (3)

Sell (9)

Indicators:

Buy (0)

Sell (8)

GBP/USD

1.2048

+0.0032 (+0.27%)

Summary

↑ Sell

Moving Avg:

Buy (4)

Sell (8)

Indicators:

Buy (1)

Sell (8)

USD/JPY

132.28

-0.37 (-0.28%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (9)

AUD/USD

0.6906

+0.0024 (+0.36%)

Summary

Neutral

Moving Avg:

Buy (9)

Sell (3)

Indicators:

Buy (1)

Sell (3)

USD/CAD

1.3424

-0.0022 (-0.17%)

Summary

Neutral

Moving Avg:

Buy (4)

Sell (8)

Indicators:

Buy (4)

Sell (1)

EUR/JPY

142.05

-0.28 (-0.20%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (8)

EUR/CHF

0.9948

-0.0011 (-0.12%)

Summary

Sell

Moving Avg:

Buy (3)

Sell (9)

Indicators:

Buy (2)

Sell (5)

Gold Futures

1,885.15

+5.65 (+0.30%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (6)

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Silver Futures

22.335

+0.098 (+0.44%)

Summary

↑ Sell

Moving Avg:

Buy (4)

Sell (8)

Indicators:

Buy (0)

Sell (8)

Copper Futures

4.0445

+0.0075 (+0.19%)

Summary

Neutral

Moving Avg:

Buy (10)

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Buy (2)

Sell (4)

Crude Oil WTI Futures

74.83

+0.72 (+0.97%)

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↑ Buy

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Brent Oil Futures

81.74

+0.36 (+0.44%)

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Natural Gas Futures

2.494

0.000 (0.00%)

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Sell (0)

Indicators:

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US Coffee C Futures

176.35

+3.55 (+2.05%)

Summary

Neutral

Moving Avg:

Buy (8)

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Indicators:

Buy (3)

Sell (3)

Euro Stoxx 50

4,205.45

-52.53 (-1.23%)

Summary

Neutral

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Sell (4)

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Buy (3)

Sell (5)

S&P 500

4,111.08

-25.40 (-0.61%)

Summary

↑ Buy

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (8)

Sell (1)

DAX

15,345.91

-130.52 (-0.84%)

Summary

Neutral

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (1)

Sell (5)

FTSE 100

7,836.71

-65.09 (-0.82%)

Summary

Neutral

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (4)

Sell (4)

Hang Seng

21,432.50

+210.34 (+0.99%)

Summary

Neutral

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (1)

Sell (6)

US Small Cap 2000

1,954.80

-30.73 (-1.55%)

Summary

↑ Sell

Moving Avg:

Buy (1)

Sell (11)

Indicators:

Buy (2)

Sell (5)

IBEX 35

9,159.20

-66.40 (-0.72%)

Summary

↑ Sell

Moving Avg:

Buy (2)

Sell (10)

Indicators:

Buy (1)

Sell (6)

BASF SE NA O.N.

52.950

-1.090 (-2.02%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (9)

Bayer AG NA

58.19

+1.51 (+2.66%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (9)

Allianz SE VNA O.N.

219.30

-1.45 (-0.66%)

Summary

Neutral

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (3)

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Adidas AG

155.36

-5.70 (-3.54%)

Summary

↑ Sell

Moving Avg:

Buy (5)

Sell (7)

Indicators:

Buy (2)

Sell (7)

Deutsche Lufthansa AG

9.803

-0.099 (-1.00%)

Summary

↑ Buy

Moving Avg:

Buy (12)

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Indicators:

Buy (5)

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Siemens AG Class N

142.96

-2.06 (-1.42%)

Summary

Sell

Moving Avg:

Buy (6)

Sell (6)

Indicators:

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Sell (6)

Deutsche Bank AG

11.356

-0.174 (-1.51%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (0)

    EUR/USD 1.0739 ↑ Sell  
    GBP/USD 1.2048 ↑ Sell  
    USD/JPY 132.28 ↑ Sell  
    AUD/USD 0.6906 Neutral  
    USD/CAD 1.3424 Neutral  
    EUR/JPY 142.05 ↑ Sell  
    EUR/CHF 0.9948 Sell  
    Gold 1,885.15 ↑ Buy  
    Silver 22.335 ↑ Sell  
    Copper 4.0445 Neutral  
    Crude Oil WTI 74.83 ↑ Buy  
    Brent Oil 81.74 ↑ Buy  
    Natural Gas 2.494 ↑ Buy  
    US Coffee C 176.35 Neutral  
    Euro Stoxx 50 4,205.45 Neutral  
    S&P 500 4,111.08 ↑ Buy  
    DAX 15,345.91 Neutral  
    FTSE 100 7,836.71 Neutral  
    Hang Seng 21,432.50 Neutral  
    Small Cap 2000 1,954.80 ↑ Sell  
    IBEX 35 9,159.20 ↑ Sell  
    BASF 52.950 ↑ Sell  
    Bayer 58.19 ↑ Sell  
    Allianz 219.30 Neutral  
    Adidas 155.36 ↑ Sell  
    Lufthansa 9.803 ↑ Buy  
    Siemens AG 142.96 Sell  
    Deutsche Bank AG 11.356 ↑ Buy  
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RON 95-V24.00024.480
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