Thanks to ‘Dogefather’ Elon Musk changing the main blue-bird logo of Twitter to the popular ‘Doge’ meme, the memecoin has seen a fresh spurt of growth, registering a 24-hour jump of over 25 percent to become the top gainer. Bitcoin (BTC) and Ethereum (ETH), two of the most popular crypto coins, managed to see minor gains early Tuesday morning. Other popular altcoins — including the likes of Ripple (XRP), Solana (SOL), and Litecoin (LTC) — saw a mix of minor gains and dips across the board.
The global crypto market cap stood at $1.17 trillion at the time of writing, registering a 24-hour gain of 1.09 percent.
Bitcoin (BTC) price today
Bitcoin price stood at $27,868.38, registering a 24-hour gain of 0.50 percent, as per CoinMarketCap. According to Indian exchange WazirX, BTC price stood at Rs 23.92 lakh.
Ethereum (ETH) price today
ETH price stood at $1,809.41, marking a 24-hour gain of 1.73 percent at the time of writing. As per WazirX, Ethereum price in India stood at Rs 1.54 lakh.
Dogecoin (DOGE) price today
DOGE registered a 24-hour gain of 25.79 percent, as per CoinMarketCap data, currently priced at $0.09659. As per WazirX, Dogecoin price in India stood at Rs 8.20.
Litecoin (LTC) price today
Litecoin saw a 24-hour jump of 1.33 percent. At the time of writing, it was trading at $92.31. LTC price in India stood at Rs 7,752.
Ripple (XRP) price today
XRP price stood at $0.4957, seeing a 24-hour loss of 3.35 percent. As per WazirX, Ripple price stood at Rs 42.30.
Solana (SOL) price today
Solana price stood at $20.47, marking a 24-hour jump of 2.16 percent. As per WazirX, SOL price in India stood at Rs 1,922.
Top crypto gainers today (April 4)
As per CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:
Dogecoin (DOGE)
Price: $0.09745
24-hour gain: 25.79 percent
Solar (SXP)
Price: $0.8286
24-hour gain: 23.84 percent
Injective (INJ)
Price: $5.76
24-hour gain: 16.38 percent
Chiliz (CHZ)
Price: $0.1263
24-hour gain: 7.50 percent
THORChain (RUNE)
Price: $1.50
24-hour gain: 6.02 percent
Top crypto losers today (April 4)
As per CoinMarketCap data, here are the top five crypto losers over the past 24 hours:
Hedera (HBAR)
Price: $0.06703
24-hour loss: 4.83 percent
Stacks (STX)
Price: $0.8628
24-hour loss: 3.28 percent
Arbitrum (ARB)
Price: $1.16
24-hour loss: 3.14 percent
XDC Network (XDC)
Price: $0.04038
24-hour loss: 2.99 percent
Ripple (XRP)
Price: $0.4966
24-hour loss: 2.98 percent
What crypto exchanges are saying about the current market scenario
Mudrex co-founder and CEO Edul Patel told ABP Live, “In the last 24 hours, Bitcoin has experienced a slight increase and is now trading at approximately $27,800 as the market prepares for a significant week of US economic data. Ethereum, the second largest cryptocurrency, still trades above $1,800, with traders aiming for a breakout above the crucial resistance level. Although ETH attempted to reach $1,825, the momentum has since subsided. Conversely, DOGE has seen a surge of more than 26 per cent in the last 24 hours, and after Twitter changed its bird logo to a DOGE picture, it has become the seventh largest cryptocurrency in terms of market capitalisation.”
WazirX Vice President Rajagopal Menon said, “Bitcoin fluctuated slightly over the past 24 hours while investors made sense of unflattering, but always interesting information. Despite a banking meltdown and generally favourable conditions for digital assets, BTC has maintained its position since mid-March. The US Federal Reserve’s injection of new money into the economy has increased investor liquidity for stocks and certain cryptos, including Bitcoin and Ethereum, which are considered safer options. On WazirX, Celo (CELO) and Swipe (SWIPE) have been the top gainers in the last 24 hours.”
Shivam Thakral, the CEO of BuyUCoin, said, “The overall crypto market cap jumped by 1.18 percent and is currently hovering around the $1.17 trillion mark. BTC and ETH remained flat with a marginal jump in their value and are currently exchanging hands at $27,885.28 and $1,808.92, respectively. Newsmaker of the day is DOGE, the 8th largest crypto by market cap, which surged by 25 percent in just 24 hours after Twitter changed its logo to the DOGE icon. Elon Musk has been a staunch supporter of the meme coin and talks about DOGE finding a mass use case on the Twitter platform have been doing rounds since then.”
Disclaimer: Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Cryptocurrency is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Cryptocurrency market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.
