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BTC Wanes To $68K, Altcoins Flux, & DOGE Up 6%

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5 months ago

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Crypto prices today have set off waves of concerns among market participants globally. Bitcoin (BTC) price waned to the $68K level over the past day, whereas Ethereum (ETH), Solana (SOL), and XRP prices witnessed a falling action. Simultaneously, the global crypto market cap dipped 0.99% at press time, reaching $2.23 trillion. However, the total market volume witnessed a 12.5% increase in value to $82.04 billion.

Besides, Dogecoin (DOGE) emerged as the day’s top market gainer, defying the broader market sentiment. So, let’s delve deeper into some of the major crypto prices today, November 5.

Crypto Prices Today: BTC, ETH, SOL, & XRP Face Volatility But DOGE Soars

The crypto prices today illustrate that BTC and top altcoins are mainly battling market turbulence. However, coins like DOGE and Monero have defied the broader trend. Simultaneously, it’s worth mentioning that the meme coins sector also witnessed mixed price actions. Here’s a brief report on some of the leading coins by market cap and their price run today.

Bitcoin Price Today

BTC price dropped nearly 2% in the past 24 hours and is now trading at $68,006. The coin’s intraday low and high were recorded as $66,803.65 and $69,335.33, respectively. Bitcoin’s market cap rested at $1.35 trillion today. The flagship crypto’s slumping action falls in line with a remarkable $579.49 million worth of outflows in spot ETFs as of November 4, per Sosovalue data that excluded BlackRock’s IBIT. Further, BTC’s market dominance slipped 0.45% over the past day to reach 60.38%. Meanwhile, Mt. Gox was recorded as moving $2.2 billion worth of BTC amid this slumping movement, hinting at asset reorganization movers for creditor repayment.

Ethereum Price Today

ETH price slipped nearly 2.5% in the past 24 hours and is currently trading at $2,414. Its intraday low and high were recorded as $2,359.58 and $2,483.05, respectively. Ethereum’s market cap rested at $290.71 billion today. Notably, even ETH’s waning run aligns with $74.24 million worth of outflows in spot Ethereum ETFs, excluding BlackRock’s ETHA data. Meanwhile, CoinGape Media reported the State of Michigan purchased more than $11 million worth of ETH through ETFs, garnering attention toward the crypto.

Solana Price Today

SOL price tanked nearly 3% in the past 24 hours and is now trading at $158. The coin’s 24-hour low and high were recorded as $155.17 and $164.71, respectively. SOL’s market cap was evaluated as $74.82 billion today. Further, Solana was reported to have witnessed a remarkable surge in transactional volume and fee generated on the network during October.

XRP Price Today

Simultaneously, XRP price witnessed a 0.5% drop in value over the past day and is now trading at $0.5048. The coin’s 24-hour low and high were recorded as $0.4968 and $0.5138, respectively. XRP’s market stood at $28.70 billion today. Further, a recent CoinGape report revealed that the XRP coin eyes a $10 price target amid declining escrow stakes.

Meme Coins Performance Today

Notably, Dogecoin (DOGE) emerged as the day’s top gainer, surging 6% intraday to reach $0.1616. Also, even Shiba Inu (SHIB) price gained roughly 2% intraday to $0.00001727. However, Pepe coin (PEPE), dogwifhat (WIF), and POPCAT prices tanked 2%-8% in the past 24 hours.

Top Crypto Gainers Prices Today

Dogecoin

As mentioned above, DOGE emerged as the day’s top market gainer with an intraday low and high of $0.1496 and $0.1659, respectively. DOGE price traded at $0.1616.

Monero

XMR price gained nearly 2% over the past day and is currently trading at $160. The coin’s 24-hour low and high were $156.69 and $161.54, respectively.

Mog Coin

MOG price soared roughly 3% in the past 24 hours and is now trading at $0.000001788. Its 24-hour low and peak were $0.00000165 and $0.000001789, respectively.

Top Crypto Loser Prices Today

THORChain

RUNE price cracked 12% over the past day and is currently sitting at $4.40. The coin’s intraday low and high were $4.23 and $5.07, respectively.

Pendle

PENDLE price slipped nearly 9% over the past 24 hours and is trading at $4.12. The coin’s intraday low and high were $4.05 and $4.56, respectively.

Cat in a dogs world

MEW price tanked 6% intraday and is now trading at $0.007879. The coin’s 24-hour low and high were $0.00765 and $0.008443, respectively.

Besides, the hourly time frame charts sparked further optimism over the crypto prices today as BTC gained 0.4% while ETH gained 0.3%.

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Coingape Staff

CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





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Dogecoin Price Breakout in view as Analyst Predicts $5.6 high

Published

4 hours ago

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April 17, 2025

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A Dogecoin (DOGE) price breakout past its previous All-Time High (ATH) price is gradually becoming possible amid the current market setup. While still tied in a long-drawn consolidation, a potential breakout is ahead for the memecoin, according to predictions from market analysts.

Dogecoin Price and Open Interest Outlook

As of this writing, DOGE’s price has changed hands for $0.1569, which has increased by 3.3% in the past 24 hours. This price trend is a testament to how resilient the DOGE price is, having traded at a low spot value of $0.1532. The memecoin has traded at a very close range during this period.

The current DOGE outlook shows a bullish trend in the futures market as showcased by Open Interest data. Data from Coinglass pegs the total Dogecoin committed to the futures market at 9.87 billion DOGE. This was valued at $1.54 billion and has skyrocketed by more than 5% in 24 hours.

Top crypto exchanges like Binance, OKX, and Bybit saw the highest DOGE open interest record. While the price traded at a relatively close range, the open interest commitment proves that traders with leverage are betting on the asset. 

DOGE Price to $5.6?

Optimism trails Dogecoin, despite its spot value now trading down 78.71% from its ATH of $0.7376. Market analyst Dogedog told his more than 58,600 followers on X that the price of DOGE is heading to $5.6.

While Dogegod did not provide a timeline or much context for his prediction, he highlighted how the memecoin breaks falling wedges. The analyst is not alone in his projection for the coin, as an earlier DOGE price analysis, Ali Martinez, predicted a $0.29 rally for the asset in the near term.

Although this price trend is not unrealistic, the broader market slowdown may serve as a bottleneck. Key performance metrics already tipped the Dogecoin price in line for a short-term breakout. With trading volume up 6% to more than $586 million as of writing, retail interest in the coin has further skyrocketed.

Dogecoin remains the lead among altcoins being considered for an exchange-traded fund (ETF) product. As reported earlier by CoinGape, 21Shares filed for a spot Dogecoin ETF, the latest asset manager to make the move. The belief is that an approval can usher in institutional funds, which can help fuel the coin’s price growth.

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Godfrey Benjamin

Benjamin Godfrey is a blockchain enthusiast and journalists who relish writing about the real life applications of blockchain technology and innovations to drive general acceptance and worldwide integration of the emerging technology. His desires to educate people about cryptocurrencies inspires his contributions to renowned blockchain based media and sites. Benjamin Godfrey is a lover of sports and agriculture.

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Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





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Here’s What to Expect From TOWNS Token Price at Launch?

Published

20 hours ago

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April 17, 2025

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Towns, an on-chain decentralized messaging platform, is launching its native TOWNS token with an airdrop in 2025. The Towns association with the Base blockchain network has made it popular among crypto investors. Many are awaiting this token launch, especially as the platform raised $35.5M in funding backed by a16z, Coinbase Ventures, and others. In this blog, let us discuss the key details around the TOWNS token launch and potential price.

Towns Airdrop, Token Listing Date & Other Details

The TOWNS token launch with an airdrop is set to happen in Q2 2025 (before June). It will have a total supply of 10 billion, and 57% is allocated to the community. The remaining 35% is allocated to the team and investors, and 8% to initial node operators and delegators.

Interestingly, 10% (1 billion) is allocated for the airdrop going live before June. Notably, the listing date, eligibility criteria, and the TOWNS token price have not yet been finalized. However, the community discussions reveal that it is among the most anticipated crypto airdrops in 2025.

Towns token airdrop

How to Qualify for Towns Airdrop?

Since the eligibility criteria for this airdrop are still due, the interested users can follow the following steps to potentially qualify. This includes:

  1. Setting up Base wallet with at least $10 in ETH
  2. Signing up with Towns’ platform
  3. Creating a Town group chat
  4. Continuous engagement with the platform, including joining paid Towns
  5. Completing activities for rewards/ points

Although these steps do not necessarily make users eligible, these are common crypto airdrop requirements. Similarly, the PAWS airdrop is in motion, which was delayed due to last-minute eligibility changes.  Investors must stay updated with the airdrop notifications.

What can you expect from the TOWNS Token Price at Launch?

Towns’ decentralized platform has gained a significant milestone, showing investors’ interest in the upcoming airdrop. It includes the 1 million+ membership purchases, 332,000+ group chats, and much more.

Based on the potential hype among investors (around launch), circulating supply, potential top crypto exchange listing, and similar launches, experts anticipate the TOWN token price to be between $0.025 and $0.05 at launch. However, this is just an anticipation and could go differently.

Frequently Asked Questions (FAQs)

The eligibility criteria are not out yet, but experts anticipate proper interaction with the platform, including creating a Town group chat is important to be eligible.

The token will be launched with a total supply of 1 billion, and 57% is allocated to the community, 35% to the team and investors, and 8% to initial node operators and delegators.

The team has not officially announced the launch price, but experts calculate it between $0.025 and $0.05.

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Pooja Khardia

With a deep-seated passion for reading and five years of experience in content writing, Pooja is now focused on crafting trending content about cryptocurrency market.

As a dedicated crypto journalist, Pooja is constantly seeking out trending topics and informative statistics to create compelling pieces for crypto enthusiasts. Staying abreast of the latest trends and advancements in the field is an integral part of her daily routine, fueling a commitment to delivering timely and insightful coverage

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





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Court Grants Ripple And SEC’s Joint Motion To Suspend Appeal

Published

2 days ago

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April 16, 2025

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In the latest development in the long-running XRP lawsuit, the US Court of Appeals has granted Ripple and the SEC’s joint motion to suspend their respective appeals. This will give both parties time to finalize the settlement in the long-running legal battle.

XRP Lawsuit: Court Grants Ripple & SEC’s Joint Motion

As revealed in a court document, the US Court of Appeals has granted Ripple and the US Securities and Exchange Commission’s (SEC) joint motion to hold the appeal in abeyance. The court has further directed the Commission to file a status report within 60 days of this order.

This court order consequently suspends the ongoing appeal and cross-appeal filed by the SEC and Ripple, respectively. As CoinGape reported, both parties had filed the joint motion to suspend the appeals in light of them reaching a settlement.

The SEC and Ripple argued that holding the appeal in abeyance will help conserve judicial and party resources while they both continue to pursue a negotiated resolution of this matter.

In March, Ripple agreed to drop its cross-appeal against the SEC following the latter’s decision to drop its appeal in the long-running XRP lawsuit. However, the matter is yet to be finalized as both parties revealed in the filing that they need additional time to obtain the Commission approval for their agreement-in-principle.

Once approved, both parties will still need to get an indicative ruling from the District Court. As part of the agreement, Ripple and the SEC had agreed that the former would only pay $50 million out of the $125 million penalty that Judge Analisa Torres awarded against the crypto firm. The Commission also agreed to request that Judge Torres lift the standard injunction that it imposed on Ripple.

Possible Reason For The Delay?

It remains unclear why the Commission has yet to approve the agreement in the XRP lawsuit. However, a possible reason could be that the SEC is holding out for Paul Atkins to assume office.

As CoinGape reported, the US Senate has confirmed Atkins as the next SEC Chair. The next step is for US President Donald Trump to sign off on the confirmation and swear him in as Gary Gensler’s successor.

Once the Commission approves the agreement, Ripple and the SEC will ask Judge Torres for relief from her earlier judgment. Once that happens, the Court of Appeals can strike out the appeal and remand the case to the District court for a full ruling on the agreement.

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Boluwatife Adeyemi

Boluwatife Adeyemi is a well-experienced crypto news writer and editor who has covered topics that cut across several topics and niches. Boluwatife has a knack for simplifying the most technical concepts and making it easy for crypto newbies to understand. Away from writing, He is an avid basketball lover, a traveler and a part-time degen.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





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