Dogecoin hit its highest price in three years overnight, much higher than it was in November, as other major assets such as Bitcoin and XRP went green over the past day.
The original meme coin reached $0.4795 just before midnight late Thursday, surpassing the $0.475 record set on November 23, according to data from CoinGecko. Coinbase, on the other hand, shows that DOGE is actually above $0.48.
This is the highest level reached by Dogecoin since May 2021, the same month that DOGE set an all-time high of $0.73.
DOGE is down slightly at the current price of $0.465 at the time of writing and is up 4% in the last 24 hours. At current prices, Dogecoin is down about 37% from its 2021 all-time high.
Bitcoin continues to hover above the $100,000 mark after breaking the milestone price for the first time last week. As of this writing, the current price remains in the six figures, up more than 1% on the day to around $100,500.
And XRP has been showing gradual growth over the past few days, currently sitting at $2.56 after rising nearly 5% in the last 24 hours. The asset linked to Ripple recently peaked at $2.82 last week, its highest in nearly seven years, driven by surging regulatory optimism about Donald Trump’s incoming administration.
XRP is up 365% in the last 30 days.
According to data from CoinGlass, approximately $218 million worth of cryptocurrency positions were liquidated in the last 24 hours, with long-term traders or those betting on asset price appreciation feeling the greatest pain, with $137 million in positions lost. .
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