Shiba Inu robs the Limelight: While Etheruem closes the $4K mark!
Ethereum and Dogecoin are reaching new heights as buyers are pushing the market closer to $60,000 to make Elon Musk's SNL release and Bitcoin bulls.
The crypto demand has reached its record levels in the past weekend, when the Altcoin package has reached new heights, including Ether (ETH), Dogecoin (DOGE).
The imminent involvement of Elon Musk, CEO of Tesla and supporter of Dogecoin on the famous Saturday Night Live Comedy Sketch show, was a cause of great enthusiasm around the revolution in Dogecoin.
On the other hand, Ether already rallies towards $4,000 as the system of beliefs in Altcoin rises and buyers sound particularly bullish at the forthcoming London hard fork.
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Data from Cointelegraph Markets and TradingView shows that after briefly dipping to a low of $3,418 in the late hours on May 8, Ether price regained its composure and proceeded to vault 13% to reach a new all-time high at $3,958.
Some were shocked by Cointelegraph market analyst Marcel Pechman, who later explained how Ether "could comfortably endure until US$5,000," while others were struck by a boomy shift from the second-biggest cryptocurrency with market capitalization.
In the mainstream, Bitcoin (BTC) has utilized its space to go up quietly, and bulls are trying to keep the market over 59,000 dollars.
Shiba Inu Coin leads the herd:
Dogecoin has been one of the largest common focusers in the existence of cryptocurrencies, with numbers of new consumers having their first experience of crypto-trading from the famous Meme token.
DOGE's boost for a week leading to the 25% growth in initial opening hours on Saturday, which brought its valuation to an all-peak of $0.74 before profits fell under $0.68.
Huge kudos to Dogecoin's global recognition, many canine ventures have emerged, namely Shiba In (SHIB), which exploded on the market after a two-day campaign that saw its debut worth rising 1,100% to reach its current record level of $0.0000178.
The estimated market cap for cryptocurrencies is currently $2.463 trillion, with a hegemony percentage in Bitcoin being 44.8%.
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