The notable asset among the top 20 cryptocurrencies last week was DOGE. Dogecoin began to rise after Elon Musk made drastic decisions by changing the name of Twitter, the social media platform, to X. Elon Musk also added a Doji icon to his Twitter bio. This has led to increased demand for cryptocurrencies, fueling speculation that Doji could be used while structuring Twitter as a payment platform. After rising 18% to $0.083 at the start of the week, the Doge fell to $0.078 by the end of the week as earnings sales weighed down. The Doji rate increased by 9% week-on-week
Shiba Inu, positively impacted by Elon Musk's influence on the MEMIC currency market and developments in its ecosystem, became one of the prominent altcoins with an 8% increase in value yesterday. The price of Sheba rose and approached the range of $0.000008 with an increase of nearly 5% week-on-week after the last price volatility, becoming the second cryptocurrency in the list of the top 20 currencies
One of the highlights this week was the approval by the Senate of the bills voted on on cryptocurrency regulations in the US Senate
Cryptocurrencies with the highest profits and losses during the week
The top 5 winning cryptocurrencies among the top 100 cryptocurrencies this week came in as follows:
GMX : 13.32%
XDC: 12.44%
FLEX: 11.2%
Maker (MKR) : 10.78%
DOGE: 8.7%
The top 5 losing cryptocurrencies this week came in as follows:
Baby (PEPE): - 12,42%
GALA: - 12%
Toonquin (TON): - 10%
Injective (INJ) : - 9.65%
SUI): - 8.75%
