Cryptocurrency Price Today: Shiba Inu Gets Double-Digit Boost, Dogecoin Jumps By 4.18%

Cryptocurrency Price Today: The crypto market continues to trade in green and the meme coins have seen a decent jump in the last 24 hours.

As of writing, Shiba Inu’s coin SHIB hikes by 20.30% in the previous 24 hours. Dogecoin increases by 4.18%.

During the previous 24 hours, Polkadot boosts by 3.21%. BNB token surges by 1.29%. Litecoin rises by 2.25%. PancakeSwap is up by 1.68%.

Solana drops by 1.77% in the last 24 hours. Decentraland falls by 5.64%.

The global crypto market cap stands at 996.89 billion USD, an increase of 0.71% in the past 24 hours. The total crypto volume is at 48.36 billion USD in the last 24 hours, a decrease of 3.99%.

The top 4 cryptos for today are:

1. Shiba Inu (SHIB) is up by 20.30%

As of writing, the meme-based crypto soars by 20.30% in the last 24 hours. The possible reasons for the jump couple are the increase in the burn rate of SHIB tokens in the past few weeks as well as the ecosystem’s decision to open a metaverse temple for its community. The market cap stands at 6.851 billion USD. Trading volume surges by 127.37% in the last 24 hours. Each SHIB token is trading for 0.00001271 USD. Source: coinmarketcap

2. Dogecoin (DOGE) is up by 4.18%

Dogecoin is seeing a hike of 4.18% in the last 24 hours. This takes the market cap of the crypto to 11.546 billion USD. Trading volume increases by 17.60% over the last day. Each DOGE token is costing 0.08796 USD. Source: coinmarketcap

Also read: This Token Flips Shiba Inu, Becomes Most Traded And Purchased Among Whales

3. Polkadot (DOT) is up by 3.21%

With a jump of 3.21% in the last 24 hours, the market cap for the token stands at 7.868 billion USD. Each DOT token is trading at 6.06 USD. Trading volume increases by 24.04% as compared to the previous day. Source: coinmarketcap

4. Solana (SOL) is down by 1.77%

Solana takes a dip of 1.77% in the last 24 hours. The market cap for this crypto stands at 8.890 billion USD. Trading volume decreases by 39.17% over the past day. Each SOL token is dealing at 23.23 USD. Source: coinmarketcap

Conclusion

Cryptocurrency Price Today: The new year has certainly changed the dynamics of the cryptosphere as we see significant coins majorly trading in green. The bullish momentum is already here and it shall be an exciting week for crypto investors.

Also read: Binance Burns Over 2 Million BNB Tokens, Massive Rally Coming Next?