Fantom and Dogecoin rocket in value – crypto movers and shakers

Posted on April 29, 2021 by Jonathan Symcox

Crypto movers and shakers

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.

‘Dogecoin is the new GameStop’ – are crypto investors going to get burned?

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.

The future of crypto – and creating a fairer financial ecosystem

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.

The Crypto Rich List: Who are the world’s richest people in cryptocurrency?

 

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