The price of Dogecoin (DOGE) has surged 7.8% over the day, making it the second-best performing asset among the top 10 cryptocurrencies.
As per CoinGecko, the volatile meme coin hit a 3-week high of $0.0787 earlier on Monday before backtracking to $0.0778 by press time. DOGE is also up more than 10% in the last seven days, wiping off losses it suffered throughout the end of December.
In terms of daily gains, Dogecoin—currently the industry’s ninth-largest cryptocurrency by market capitalization—trails Cardano (ADA), which is up 11.4% over the span.
The latest price action also comes as the wider crypto market has been enjoying a surge of positive sentiment, with the price of Bitcoin (BTC) making a return to levels above $17,000 on Sunday for the first time since mid-December.
Other notable top gainers of the day include Solana (SOL), which continues to enjoy a massive price rally of almost 20% over the day and as much as 64% in a week. Litecoin (LTC) is up 7.6% over the past 24 hours, followed by Uniswap (UNI) and Binance Coin (BNB) with price spikes of 7.3% and 6.3%, respectively.
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