Last week, some prominent tokens in the cryptocurrency market showed remarkable performances. Market sentiment was supported by an 8% increase in the USD exchange rate in the last 24 hours. According to analysis, the increased interest increased the value of the token economy to $ 55.99 billion at noon on September 28, 2024.

DOGE Stands Out in Market Value$DOGE

Dogecoin (DOGE) has attracted attention with its market cap reaching $19.12 billion. The token is trading at $0.1313, a remarkable 21.4% increase on a weekly basis. Shiba Inu (SHIB) is another notable token with a 35.5% increase on a weekly basis. Despite a 5.4% decrease in the last 24 hours, SHIB is valued at $0.00002001.

MOODENG’s Stunning Performance
Inspired by a baby hippo at the Khao Kheow Open Air Zoo in Thailand, MOODENG has been the most notable performer of the week. The token has seen a remarkable rise of over 1400%, with a weekly increase of 713.8%. Currently ranked 218th with a market cap of $305 million, MOODENG stands out as a new eye-catching token in the market.

Other Notable Performances
Other tokens also saw significant gains; Ordinal Pups (PUPS) rose by 170%, Billion Dollar Cat (BDC) by 156.9%, and SPX6900 (SPX) by 149%. These performances reflect the increase in investor confidence and the vitality in the cryptocurrency market. However, despite the positive market sentiment, not all tokens achieved the same success. Coco Coin (COCO) fell sharply by 50%, while Tron Bull (BULL) fell by 18.6%. This shows the volatility inherent in the cryptocurrency market and reminds investors of the risks.