Dogecoin's Profitability Spikes, Leaving Most of Market Behind: Crypto Market Review, Dec. 23

  • 📰 Utoday_en
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 63%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

$DOGE is showing a short-term reversal, ending the year on a high note, but we can't say the same about other cryptocurrencies

The last week before the New Year is not ending on a high note as the market ends the week with the majority of assets at a loss, showing the lack of any positivity among investors, which promises nothing but pain by the end of 2022.Despite the grim end of 2022, Dogecoin had a relatively successful year as the meme asset went through numerous triple-digit rallies, broke numerous resistance levels and turned out to be far more resilient than some"serious" assets.

As we mentioned previously, Solana's performance will not stabilize until the cryptocurrency finally gains any kind of trust among institutional investors. Due to its being the go-to holding off Bankman-Fried’s empire, Solana took the hit first, dropping to multi-year lows.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 295. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Bitcoin unchanged, dogecoin adds gains amid market lullCrypto markets were placid ahead of the holiday weekend in the U.S. It has been some 'quite' days for $BTC and $ETH as they remain close to their current prices.
Source: TheBlock__ - 🏆 464. / 53 Read more »

US Stocks Fall on GDP Data, Bitcoin, Ethereum Hold On (Market Watch)Dogecoin has jumped by almost 5% in a day, following a listing on Bitstamp. Dogecoin is here to stay
Source: Crypto_Potato - 🏆 568. / 51 Read more »