Meme cryptocurrency Dogecoin (DOGE) has returned to the list of top ten cryptocurrencies for the first time in almost two months.
The original canine coin is currently valued at $18 billion.
On Jan. 22, Dogecoin took a drubbing together with the rest of the cryptocurrency market. It plunged to $0.12, the lost level since mid-April 2021, before recovering more than 20% from the multi-month low.
Polkadot (DOT) has now slipped to the 11th spot after failing to stage a convincing recovery.
As reported by U.Today, Dogecoin left the top 10 in early December 2021. It was kicked out by Terra (LUNA). The latter remains in ninth place, trading $67 at the time of writing.
Last January, Dogecoin returned to the top ten for the first time since January amid a massive rally fueled by Tesla CEO Elon Musk. On May 8, its price peaked at $0.73.
Dan Burgin
Vladislav Sopov