Bitcoin trended toward the high end of its recent range of around $28,000, while Dogecoin continued to benefit from Elon Musk’s flirtation with the meme token.
Dogecoin has jumped about 30% after Twitter users noticed Monday that their home buttons changed into the dog meme after which the cryptocurrency is named. Dogecoin rose to as high as 10.3 cents.
Twitter didn’t respond Monday to a question about the home button change. Later in the day, the platform’s owner Elon Musk posted a photo of an earlier exchange in which a Twitter user urged him to change the bird logo to a doge. Musk tweeted: “As promised.”
Krugljakow added that: “It remains to be seen if Musk is serious about using $DOGE for payments or he is just doing his usual thing.”
Sales volume for the official Trump collection rose 125% in the past 24 hours, to about $36,000, according to tracker NFT Price Floor. The sales volume is still down about 19% over the last 90 days, according to the site. The collection’s floor price — the lowest price someone may pay for an NFT — is standing at $895, up from about $71 in mid-December, but lower than it was in mid-February.
“That BTC and ETH can deliver those performances with such strong headwinds is a testament to the tailwinds being even stronger,” wrote Noelle Acheson, author of the “Crypto Is Macro Now” newsletter.
“Crypto majors have been range bound,” with Bitcoin oscillating between $26,800-$28,000, wrote B2C2’s Adam Farthing in a note. “The only other really outstanding feature is one of declining volumes, perhaps to be expected in a range-bound market, but perhaps not a healthy signal, as could be construed as an indication of no fresh buyers at current levels.”
Note:- (Not all news on the site expresses the point of view of the site, but we transmit this news automatically and translate it through programmatic technology on the site and not from a human editor. The content is auto-generated from a syndicated feed.))