DOGE Price Seen Leading The Altseason In Top Ten Cryptocurrencies

• DOGE price noted a surge of 36.86% in the last 7 days, beating other top 10 cryptocurrencies.
• Dogecoin token traded at $0.2937.
• The pace for the BTC price slowed down.

DOGE price is currently leading the altseason on the list of top ten cryptocurrencies. The meme coin has even left behind XRP and BNB despite recording decent them increases in their prices recently. Meanwhile, the pace for the BTC price has slowed down even though the flagship cryptocurrency dominates the global crypto market. It remains to be seen where the DOGE price will head in the future.

DOGE Price Banks Highest Gains

The price of Dogecoin meme token recorded the highest gains in the last 24 hours and 7 days. DOGE price was up by 12.80% over the last 24 hours and 36.86% over the last 7 days. These values are true at the time of drafting this article. Such price increases have made DOGE the biggest gainer among the top 10 cryptocurrencies. The meme coin was last seen exchanging hands at $0.2937.

XRP and BNB are interestingly not the top gainers at the moment. XRP price surged by 4.04% and 12.77% in the last 24 hours and 7 days, respectively. The token is now valued against the US Dollar at $3.16. BNB gained 3.62% in a single day and 9.44% in a single week, for a token value of $940.41.

BTC Price Slows Down

While the BTC price has soared frequently, its pace has slowed down. The flagship cryptocurrency only rose by 0.87% over the last 24 hours and 4.73% since last week. BTC is being traded at $115,990.89 while drafting the article. Nevertheless, Bitcoin token still dominates the global crypto market with a market cap of 2.3 trillion.

ETH price made better gains. It noted a rise of 4.55% in the last 24 hours for a value of $4,718.54. It further reflected a growth of 9.74% since last week. Interestingly, SOL price and ADA price were able to catch up to DOGE price better than others from the list of top 10 cryptocurrencies.

What’s Next For DOGE Price and Other Altcoins?

DOGE price and other cryptocurrencies are anticipated to surge in the future. This is based on a report about upcoming Federal Reserve rate cuts. The Dogecoin token may undergo a correction in the next 5 days, but it is predicted to rebound with a surge of 16.51% from its current value in the next 1 month. Data by CoinCodex further underlines that DOGE has a volatility of 5.45% and an FGI rating of 52 points. These collectively make up for bullish sentiments.

Other altcoins may follow the trend as investors, after the rate cut, may have a larger risk-taking capacity. Rate cuts have often been seen as catalysts for boosting liquidity into the crypto market. For now, DOGE price is leading the charge for altcoins.

It is important to note that the contents of this article are not recommendations or advice. Crypto trading and investments should be done only after thorough research and risk assessment.