Dogecoin out of the top 10 after losing spot to Polkadot, DOGE price prepares next move DogeArmy DogeFam DOT Crypto
by Polkadot . Dogecoin now ranks as the 11th largest cryptocurrency with a market worth of $9.28 billion after relinquishing its previously held 10th position to Polkadot, which now has a market worth of $9.62 billion.
During the week, Japanese cryptocurrency exchange Bitbank added support for the duo of Dogecoin and Polkadot , as reported.Dogecoin's price largely remains unchanged despite a slew of positive news in the week highlighted by a new release, exchange listing and renewed backing from Tesla CEO, Elon Musk., Michi Lumin, Dogecoin core developer, has announced the initial release of Libdogecoin, a C library of Dogecoin building blocks.
Musk asserts that despite being intended as a"ridiculous joke currency," Dogecoin has"real utility." He stated that compared to Bitcoin, Dogecoin has a larger transaction capacity. The price of Dogecoin was $0.069 at the time of publication, slightly up over the previous day. Since the beginning of August, its price has been stuck in a range due to a barrier of $0.075. The general cryptocurrency price action remains lackluster as the crypto market continues to be plagued by macroeconomic concerns.
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