Price rallies from DOGE and APE, Bitcoin (BTC) approaches $70K, and more: Bits Recap Oct 21

TL; DR

Dogecoin (DOGE) has jumped sharply over the past several days, hitting an 18-month high. Bitcoin (BTC) reached a three-month high near $69,500 on further growth forecasts. ApeCoin (APE) is up more than 100% in a week due to a key project launch.

DOGE's amazing performance

of The biggest Same corner in terms of Market capitalization made headlines late last week. Then, it is. registered Daily price increase of about 10% following another interaction from Elon Musk. Tesla's CEO expressed his support for US presidential candidate Donald Trump while speaking to a crowd in Pennsylvania.

Asked if he would lead a new potential department (called government efficiency) under the Trump administration (should the Republicans win the election), Musk simply replied, “Yes, DOGE.”

Although Dogecoin (DOGE) experienced some volatility in the following days, it remained In power mode. It is currently trading around $0.15, marking an 18-month high.

A number of industry participants observed the demonstration and showed additional benefits In the near future. For example X User Mags, He believes. DOGE is set to go “parabolic” with a target near $1.17. Others were more optimistic with Barak Predict The price explodes to a new all-time high of $4.20.

How is BTC working?

The major cryptocurrency has also performed well in the past week. Several hours earlier, the price had risen to a near three-month high of $69,500. Currently, it hovers around $69K, which represents an 8% increase on a weekly basis.

Crypto X He is being beaten. BTC is above the psychological level of $70,000 and even with users who think it may rise to a new ATH soon.

Captain Fibic the host The medium term target for Mikubul Crypto is $88,000. It is mentioned It is the first bullish cross to appear since October 2023. According to the latter, there may be development to follow With a massive pump of up to $120,000 in the coming months.

APE is the biggest star.

Best performing cryptocurrency (out of top 100 Club) was undoubtedly ApeCoin (APE) last week. Mem Coin's value is up over 100% for that time, mainly due to its massive success.

as a Cryptopotato reportedof The team behind the project It has launched ApeChain Bridge, which allows investors to get yields on assets like APE, ETH and so on. Some stablecoins.

APE price exploded to $1.66 (per CoinGecko's data) on October 20, the highest mark since April this year. In the following hours, it retreated slightly and is. currently Trading in just south of $1.50.