Fantom and Dogecoin rocket in value – crypto movers and shakers
Posted on April 29, 2021 by Jonathan Symcox
Fantom has increased in value by a third in 24 hours to 66c – 75% higher than its position a week ago.
The rise follows $15 million investment into the FTM token two days ago from HyperChain Capital, a digital assets management company.
The Fantom Foundation is building a blockchain ecosystem to facilitate decentralised, scalable and secure applications – what it describes as a “load balancer” to the popular Ethereum blockchain, which suffers from congestion and high transaction fees.
Headline-grabbing Dogecoin – created as a joke – climbed 20% in 24 hours. At the time of writing (7am), DOGE is worth 32c, up 12% on seven days ago. It fell to 26c yesterday.
Ethereum itself is at $2,717, up 4.3% (24 hours) and 10.8% (7 days).
Bitcoin dropped 1.2% in 24 hours to under $54,000, close to its price a week ago.
Ripple (XRP) is at $1.38, up 2.3% on this time yesterday and up 4.1% on a week ago.
To see how the valuations of the biggest movers and shakers – and main coins – have changed over the last few days, click here.
For up-to-the-minute valuations of the top 100 coins by market cap, and the one-hour price change, see below.
To see the Crypto Rich List, the world’s richest people in cryptocurrency, scroll down to the bottom of the page.