While Bitcoin prices consolidated just below the $ 60,000 level, some other alternative digital assets saw strong gains. Two coins in particular, the decentralized storage network’s Filecoin token and the infamous Dogecoin meme token, have risen well over 10% in the past 24 hours.
- On Thursday April 1, 2021, also known as the “April Fool’s Joke,” the popular cryptocurrency Dogecoin (DOGE) rose over 12% in the past 24 hours. The price spike was immediately after famous Tesla executive Elon Musk tweeted:
SpaceX will put a literal Dogecoin on the literal moon
– Elon Musk (@elonmusk) April 1, 2021
- Dogecoin slumped during March but did very well in the first two months of the year. Over the past seven days, DOGE is up 19% against the US dollar and over the past three months by 973%. On Wednesday afternoon (EST), Dogecoin traded hands for $ 0.058 per coin.
- Meanwhile, Filecoin (FIL) has been pulling it out with Litecoin (LTC) lately. FIL trades for $ 205 per coin and was up over 12% on Wednesday. FIL’s market cap is around $ 11.9 billion, and Filecoin is up a whopping 151% in the past seven days.
- Statistics from bybt.com show that the inflows into the Filecoin Trust of Grayscale Investments are part of the measures, while the demand on the spot exchanges has also increased. Data shows on Wednesday that the volume of Filecoin (FIL) trading on the world’s crypto exchanges is around $ 4.66 billion.
- In addition to Dogecoin and Filecoin, both Binance Coin (BNB) and Chainlink (LINK) also posted solid gains on the last day. In addition to FIL and DOGE, the two currencies lead the way in terms of 24-hour profits. The BNB recorded a value jump of 4.6% in the morning, while the LINK rose by 6.9% on Wednesday.
- The biggest winners on Wednesday included Medibloc (MED + 75%), Armor (ARMOR + 73%) and Verasity (VRA + 71%). Today’s losers with the most percentage losses were coins like Bumo (BU -66%), kimchi.finance (KIMCHI -46%) and Cybereits (CRE), which are down over 40% today.
What do you think of today’s crypto winners and losers? Let us know what you think on this matter in the comments section below.
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