Dogecoin Price Touches Highest Position in 1 Month, Here’s Why

Dogecoin Price Touches Highest Position in 1 Month, Here's Why

global.gerbangindonesia.org – Dogecoin Price Touches Highest Position in 1 Month, Here’s Why

Read More

Dogecoin (DOGE) touched its highest level in a month on Friday, March 25, 2022, a day after Bitcoin of America announced plans to add support for Dogecoin to its network of more than 1,800 ATMs in 31 US states.

Dogecoin

The price of Dogecoin is up 4 percent in the last 24 hours, hitting $0.141 at one point, its highest price since February 21. However, DOGE fell again and traded at USD 0.136, reported from CoinDesk, Friday (25/3/2022).

Bitcoin

Bitcoin of America, which describes itself as a virtual currency exchange registered as a money service business with the US Treasury, said it recognized Dogecoin’s growing popularity and decided it was time to incorporate it into its ATM network.

With ATMs, customers can buy certain types of cryptocurrencies with cash or sell them for cash. Ethereum, the native token of the Ethereum network, was added to the ATM network in October last year.

Last week, the price of DOGE soared after billionaire Tesla CEO Elon Musk tweeted that he would not sell his crypto holdings, including Dogecoin. However, Dogecoin is still far from the all-time high of USD 0.74 reached early last year.

Today’s Crypto Prices March 25, 2022

Dogecoin Price Touches Highest Position in 1 Month, Here's Why

Previously, the price of bitcoin and the top cryptocurrencies experienced uniform price movements again today, Friday morning, March 25, 2022. Several cryptocurrencies, which had been corrected, are now strengthening again.

Based on data from Coinmarketcap, Friday morning, the cryptocurrency with the largest market cap, Bitcoin (BTC) is up 3.81 percent in the last 24 hours and 7.50 percent in the week.

Currently, the price of bitcoin is at the level of USD 43,988.37 per coin or equivalent to IDR 631.7 million (assuming an exchange rate of IDR 14,362 per US dollar).

Ethereum (ETH) also managed to strengthen again. In the last 24 hours, ETH was up 3.57 percent and 10.31 percent in the week. With that said, ETH is currently at USD 3,106.42 per coin.

The next cryptocurrency, Binance coin (BNB) this morning again strengthened. In the last 24 hours BNB strengthened 2.24 percent and 6.27 percent a week. This makes BNB priced at USD 414.45 per coin.

Then Cardano (ADA) is still strong. In the last one day ADA rose 7.99 percent and 37.60 percent in the week. Thus, ADA is at USD 1.15 per coin.

Meanwhile, Solana (SOL) is also still strengthening during the last day 9.17 percent and 15.79 percent a week. Currently, the price of SOL is at the level of USD 102.53 per coin.

XRP after being corrected yesterday, has now managed to strengthen again. In the past day, XRP was up 1.70 percent and 6.18 percent in the week, respectively. That way, XRP is now priced at USD 0.8458 per coin.

Terra (LUNA) is moving the other way around, after yesterday it was strong, today it should be weak. Terra fell 1.25 percent, but is still up 6.96 percent for the week. Currently LUNA is priced at USD 93.36 per coin.

Stablecoins such as Tether (USDT) and USD coin (USDC), both experience different price movements. USDT strengthened. and up 0.01 percent which makes the price is currently at the level of USD 1.00.

Meanwhile, USDC fell 0.02 percent in the past day which sent its price down to as low as USD 0.9999.

Related posts

Leave a Reply

Your email address will not be published.