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Top cryptocurrency prices today: Ethereum, Dogecoin, Polkadot rally up to 8%

New Delhi: The cryptocurrency market extended gains on Wednesday, despite investors booking profits in Dogecoin. Investors fancied altcoins at lower levels.Barring the Dogecoin and dollar-pegged Tether, all other eight out of the top 10 digital tokens were trading higher. Ethereum rallied 7 per cent, whereas Solana and Polkadot surged 5 per cent.The global crypto market cap shed more than 3 per cent to $2.59 trillion mark compared to the last day. However, the total crypto market volume jumped about 4 per cent to $125.31 billion.WazirX Trade Desk said November’s dip was actually the weakest correction of 2021, overshadowed by Bitcoin’s whopping 53.4% correction over three months between April and July. The most recent correction in September was the second-deepest, reaching 37% from April’s ATH, it added.Hitesh Malviya, founder, itsblockchain.com said NFT-based tokens are in a long-term bull market and the price can keep going higher due to the huge retail demand. “Metaverse-based tokens have also seen a massive price spike, and we can expect them to cool down a bit before making the next higher leg up,” he added.!function(){“use strict”;window.addEventListener(“message”,(function(e){if(void 0!==e.data[“datawrapper-height”]){var t=document.querySelectorAll(“iframe”);for(var a in e.data[“datawrapper-height”])for(var r=0;r

Read more: economictimes.indiatimes.com

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