The market cap of all cryptocurrencies hit a new record high of $3.1 trillion, marking a $90 billion gain.
At $12.1 billion, it surpassed Dogecoin, XRP, and Solana combined to become the third most popular cryptocurrency on Tuesday.
The bulk of the $275.7 million in crypto liquidations — $109.8 million worth of long contracts — were liquidated by bulls.
DOGE is showing signs of a breakout, with BONK and PNUT at the forefront of the meme coin frenzy, according to crypto market reports.
