The cryptocurrency market saw healthy growth recently, powered by the AI-based World Token and meme heavyweights such as Dogecoin and Bonk.
AI-Based Token Takes Spotlight
WLD, the native currency of the Sam Altman– established World network, rallied 33% recently, after Eightco Holdings Inc. OCTO embraced it as its main reserve possession.
Influential Wall Street tech expert Dan Ives revealed optimism about the identity confirmation task’s long-lasting capacity, and was designated as chairman of the business’s board.
Cryptocurrency | 24-hour Gains +/- | Rate (Tape-recorded at 11:30 p.m. ET) |
World ( WLD) | +33.27% | $ 1.58 |
Dogecoin DOGE/USD | +19.95% | $ 0.2791 |
Avalanche AVAX/USD | +18.83% | $ 29.58 |
Solana SOL/USD | +16.56% | $ 242.37 |
Bonk BONK/USD | +13.77% | $ 0.00002456 |
See Likewise: Shiba Inu’s Layer-2 Network Breached, Over $1 Million Each in Ethereum, SHIB Stolen: How It Was Done
What’s Up With DOGE, AVAX & & SOL?
Dogecoin leapt almost 20%, driven by enjoyment over the upcoming exchange-traded fund listing. According to Bloomberg Expert Eric Balchunas, the ETFs might release later on today.
AVAX bounced over 18% after reports emerged that the Avalanche Structure is preparing to develop 2 cryptocurrency treasury business in the U.S.
Solana, the fifth-largest cryptocurrency by market capitalization, raised 16%, sustained by ETF expectations and speeding up purchases for business treasuries.
On the other hand, Solana-based canine meme coin Bonk acquired 13%. Market heavyweights Bitcoin BTC/USD and Ethereum ETH/USD likewise topped the week in the green, up 4% and 7.38%, respectively.
The total cryptocurrency market capitalization grew 5.2% in the recently to $4.04 trillion.
Image Courtesy: Dennis Diatel on Shutterstock.com
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