CryptoSlate wMarket Update: Dogecoin soars 30% – outpacing other large caps cryptocurrencies CryptoSlate wMarket Update: Dogecoin soars 30% – outpacing other large caps cryptocurrencies
The wMarket Update condenses the most important price movements in the crypto markets over the reporting period, published 07:45 ET on weekdays.
3 min read
Updated: Apr. 4, 2023 at 12:32 pm UTC
Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.
The cryptocurrency market cap saw net inflows of $3.8 billion and currently stands at $1.18 trillion — up 0.3% from $1.18 trillion.
During the last 24 hours, Bitcoin’s market cap fell 0.7% to $546.04. Ethereum’s market cap grew by 1.1% to $220.89 billion.
Over the reporting period, the top 10 crypto assets recorded a mixed performance, with Dogecoin posting near 30% gains. In contrast, XRP brings up the rear, falling 3.6% in value.
The market caps of Tether (USDT) and USC Coin (USDC) increased to $79.9 billion and $32.7 billion, respectively. Meanwhile, the market cap of Binance USD fell to $7.4 billion.
Bitcoin
In the last 24 hours, Bitcoin decreased by 0.7% to trade at $28,232 as of 07:00 ET. Its market dominance fell to 46.1% from 46.5%.
Over the reporting period, Bitcoin fell to find support at $27,202. The resulting recovery saw a gradual uptrend, peaking at $28,352 after 06:00 (ET).
Ethereum
Over the last 24 hours, Ethereum grew 1.1% to trade at $1,832 as of 07:00 ET. Its market dominance increased to 18.7% from 18.5%.
Since yesterday, Ethereum recorded a local top of $1,840, followed by a sharp dip that bottomed at $1,769. The subsequent recovery peaked at $1,838.
Top 5 Gainers
ICON
ICX is the day’s biggest gainer growing 53.8% over the last 24 hours to $0.40549 as of press time. The project held a hackathon recently. Its market cap stood at $386.49 million.
Dogecoin
DOGE grew 30% to $0.10245 during the reporting period. Twitter changed its homepage logo to a doge, prompting rumors of crypto integration on the social media platform. Its market cap stood at $13.98 billion.
0x
ZRX gained 21.2% to trade at $0.33883 at the time of writing. The project was yesterday’s top loser. Nonetheless, the token is up 56.5% over the past week. Its market cap stood at $287.16 million.
IoTeX
IOTX is up 16.1% to $0.03125 as of press time. The project launched its Improvement Proposal program recently. Its market cap stood at $295.24 million.
FLEX
FLEX rose 7.1% to $2.59124 over the last 24 hours. The Seychelles court approved CoinFLEX’s restructuring proposal recently. The project is expected to rebrand to OPNX soon. Its market cap stood at $255.66 million.
Top 5 Losers
Kaspa
KAS is the day’s biggest loser, falling 12.9% to trade at $0.03396 at the time of writing. Despite today’s drawdown, the token is up 170.3% over the past month. Its market cap stood at $601.48 million.
Conflux Network
CFX is down 7.5% to $0.36675 as of press time. The project recently announced a strategic partnership with Kepler42B_ZK Planet to develop zero-knowledge-proof technology. Its market cap stood at $1.02 billion.
Hedera
HBAR declined 6.6% to $0.06787 over the reporting period. The HBAR Foundation announced former Acting Comptroller of the OCC, Brian Brooks, joined its board. Its market cap stood at $2.07 billion.
CORE
CORE dropped by 6.5% to trade at $1.52912. The project announced its CORE Faucet bridging solution. Its market cap stood at $118.61 million.
JOE
JOE decreased 5.7% to $0.58648. Its Auto Pools function launched, enabling automated liquidity management. Its market stood at $197.31 million.
Mentioned in this article
Author 
Samuel Wan
Samuel Wan, a finance professional turned full-time crypto content creator, values individual autonomy and personal freedom in his pursuits.
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In this article
Bitcoin, a decentralized currency that defies the sway of central banks or administrators, transacts electronically, circumventing intermediaries via a peer-to-peer network.
Ethereum
$3,362.35
Ethereum is a decentralized, open-source blockchain platform that enables the creation of smart contracts and decentralized applications (DApps).
ICON
$0.18626
Founded in August 2017, ICON has spent many years fostering its L1 ecosystem and pushing for sustainable cross-chain development infrastructure.
Dogecoin
$0.47349
Dogecoin is a cryptocurrency created in December 2013 as a joke by software engineers Billy Markus and Jackson Palmer.
0x
$0.46353
0x is an open, permissionless protocol allowing for ERC20 tokens to be traded on the Ethereum blockchain..
IoTeX
$0.04403
IoTeX is the next generation of the IoT-oriented blockchain platform with vast scalability, privacy, isolatability, and developability.
FLEX
$3.30347
FLEX is the coin that powers CoinFLEX, a physically settled futures exchange.
Kaspa
$0.15745
Kaspa is a proof-of-work cryptocurrency which implements the GHOSTDAG protocol.
Conflux Network
$0.16835
Conflux Network is an open protocol for a new world of DApps, finance, and Web 3.0.
Hedera
$0.14933
The Hedera hashgraph platform provides a new form of distributed consensus; a way for people who don’t know or trust each other to securely collaborate and transact online without the need for a trusted intermediary.
JOE
$0.44386
JOE is a governance token that also rewards its holders with a share of exchange revenues.
