Avalanche (AVAX) Kicks Dogecoin (DOGE) Out of Top 10

Avalanche (AVAX) has made a splash in the crypto top 10, edging out the popular meme coin Dogecoin (DOGE)

Avalanche (AVAX) has leapfrogged Dogecoin (DOGE) to clinch a spot in the top 10 by market capitalization. As of the latest data, AVAX has been trading at a buoyant $41.24, marking an 18% uptick in the last 24 hours alone.

This rally represents an impressive 85.8% over the month. However, it's worth noting that AVAX is still trailing 71.56% behind its all-time high.

Dogecoin's journey from a lighthearted meme to a serious player in the crypto space has been nothing short of extraordinary.  Bursting into the top 10 in 2021, this "joke" currency peaked at around $0.68, driven by a blend of celebrity tweets and a dedicated community. 

It is worth noting that DOGE also entered the top 5 back in 2016 when the whimsical and novel meme cryptocurrency was valued at only $31 million.    Today, even after slipping from the top tier, DOGE maintains its charm, trading at $0.096815 with a market cap of a whopping $13.8 billion. 

Dogecoin and Shiba Inu (SHIB) are still both in the top 20, according to the latest CoinGecko ranking.   Ranking 18th currently, SHIB is priced at $0.00000972 and has shown an 8.4% growth over the past week. 

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