While other major assets such as Bitcoin and XRP showed green last day, Dogecoin pushed higher than it hit in November and emerged overnight at a three-year high.
The main meme coin touched $0.4795 as of midnight ET Thursday, surpassing the $0.475 mark on Nov. 23, according to data from CoinGecko. Coinbase, on the other hand, DOGE rose by exactly $0.48.
This is Dogecoin's highest mark since May 2021, the same month DOGE hit an all-time high of $0.73.
DOGE has fallen slightly to its current price of $0.465 at the time of writing, and has increased by 4% in the last 24 hours. At current prices, Dogecoin is down 37% from its 2021 all-time high.
Bitcoin continues to see highs below $100,000 after hitting a milestone last week for the first time. As of this writing, it currently sits in the six figures at around $100,500, up over 1% per day.
And XRP has been showing gradual growth over the past few days, currently sitting at $2.56 after gaining nearly 5% in the past 24 hours. The Ripple-linked asset hit an all-time high of $2.82 last week, the coin's nearly seven-year high, fueling regulatory optimism over the incoming administration of Donald Trump.
XRP is up 365% in the last 30 days.
About $218 million worth of crypto positions were liquidated in the past 24 hours, according to data from CoinGlass, with long traders — or those betting on asset prices — feeling the brunt of the $137 million position increase.
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