Advertisement
AD

Main navigation

DOGE Replaces Polkadot as 12th Largest Cryptocurrency, Resurfaces Among Top Whale Holdings

Advertisement
Tue, 22/02/2022 - 13:56
DOGE Replaces Polkadot as 12th Largest Cryptocurrency, Resurfaces Among Top Whale Holdings
Cover image via stock.adobe.com

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

Read U.TODAY on
Google News

According to CoinMarketCap data, Dogecoin has flipped Polkadot in terms of market capitalization. With a present market valuation of $17.13 billion, Dogecoin now ranks 12th largest cryptocurrency ahead of Polkadot's market cap of $16.09 billion.

Advertisement
CoinMarketCap
Source: CoinMarketCap Data

On Feb. 22, Dogecoin took a drubbing, together with the rest of the cryptocurrency market. It plunged to $0.12, the lowest level since early December 2021. Polkadot (DOT) has now slipped to the 13th spot after failing to stage a convincing recovery, and it trades at $16.30.

Dogecoin returns among top 10 holdings by whales

According to WhaleStats data, Dogecoin has returned to the top 10 token holdings by Binance whales. The top 1,000 BSC-based wallets are holding 324,950,073 DOGE. That is worth a whopping $46,070,284 at the current exchange rate.

WhaleStats
Top Ten Holdings, Source: WhaleStats

As covered by U.Today earlier, U.S.-based provider of streaming TV services, Sling TV, has made Dogecoin one of the payment options for customer subscriptions and now accepts the meme crypto and other digital currencies via BitPay.

U.K. law firm gunnercooke has announced it is now accepting cryptocurrencies as payment for legal and professional services, claiming to be the first major law firm in the U.K. to do so. Coinpass, a U.K.-based crypto exchange that is registered with the Financial Conduct Authority (FCA) as a crypto-asset business, has teamed up with gunnercooke to make the transactions possible.

Advertisement
TopCryptoNewsinYourMailbox
TopCryptoNewsinYourMailbox
Advertisement

Latest Press Releases

Our social media
There's a lot to see there, too

Popular articles

Advertisement
AD