Dogecoin jumps 27% while Bitcoin thumb closer to the recording price

Dogecoin has reached its highest price for months early Saturday, affecting almost $ 0.23 while the wider cryptography market of rebounds – and Bitcoin is at a few percentage points of its own summit of all current time.

During the last week, DOGE jumped almost 27% at a current price of $ 0.225, an increase of 9% on the last day. The peak of the previous prices on Saturday is the highest recorded for Dogecoin since March 2, according to Coingecko data.

In addition to the price gains, an open interest in Dogecoin has been at its highest level since mid-February, according to Coinglass, which is currently at 2.52 billion dollars. Open interests measure the total value of the term contracts which have not yet been settled.

Of course, the two brands are well below their respective summits: Dogecoin is completed at $ 0.73 in 2021 and has not approached since, reaching only $ 0.48 in recent months in December. And Doge’s open interests culminated at $ 5.5 billion in January, but fell as low as $ 1.3 billion in recent weeks as the price has lowered.

As Decipher Friday, Dogecoin is not the only room even to make important gains this week. In fact, the viral memes of last year like Moo Deng (Moodeng) and Peanut The Squirrel (IPP) are much more in the same period, with price tripled price this week.

Among the highest cryptocurrencies, DOGE is only second in Ethereum in weekly gains, with the ETH setting up a massive increase of 32% in the last seven days, fueled by the successful upgrade of the Pectra network and wider market feelings. ETH is $ 2,409 to date.

Bitcoin remains a key goal for merchants, of course, with the main cryptocurrency by market capitalization, the increase of $ 100,000 earlier this week and hit $ 104,000 on Friday. To date, Bitcoin is at the price of $ 103,700, just 5% compared to its note of $ 108,786 in January in January the day of the inauguration of President Trump.

The daily liquidations of the cryptography market exceeded $ 1.1 billion from Friday morning, thanks to the increase in the market, with Ethereum responsible for most damage – and short traders feeling the most pain.