Cryptocurrency

SHIBA INU, an Ethereum-based spinoff from Dogecoin, saw a third day of huge gains while Bitcoin’s recent revival also continued.

SHIB grew 33% in the last 24 hours – following gains of 55% and 70% earlier in the week – as it was the biggest mover again, leading to a seven-day price increase of an astonishing 313%.

However parent coin DOGE saw its own gains come to an end, shedding 6% in 24 hours. At the time of writing (7am UK), one Dogecoin is worth 24.4 cents, which puts it 20% up over the course of a week.

Both coins have been hugely affected by a tweet from famous backer, Tesla and SpaceX boss Elon Musk, of his dog on a car.

The resurgence of market leader Bitcoin (BTC) also continued as it approaches $55,000 thanks to a 7% rise which puts it 26% up over seven days.

Smart contract blockchain platform Ethereum (ETH), the world’s second most valuable crypto, climbed 2% to top $3,500. It is 17% up in a week.

Binance Coin (BNB) barely moved to sit at $431. Still above Cardano in third place by market cap, its seven-day price is up 14%. 

The proof-of-stake blockchain platform’s ADA token lost less than 1% for a second day running to leave it at $2.19. However it is 4% up over seven days.

IT must remain a boardroom priority

XRP, which recently overtook Solana into sixth spot in the valuation league table, rose a half percentage point to $1.07. Ripple’s coin is 11% up over seven days. SOL dropped 2% to $154 yet is 11% up on its price last Thursday.

In 10th spot behind Dogecoin, Polkadot (DOT) improved by 3% to $31.40 and is 12% up in a week.

The overall market cap of the more than 12,400 coins is at $2.29 trillion, a 3.1% rise in the last 24 hours.

To see how the valuations of the biggest movers and shakers – and main coins – have changed over the last few days, click here.

For valuations of the top 250 coins by market cap (updated every 15 minutes), their market cap plus 24-hour price change and volume traded, see below.