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Avalanche ($AVAX) has leapfrogged Dogecoin ($DOGE) to clinch a spot in the top 10 by market capitalization. As of the latest data, $AVAX has been trading at a buoyant $41.24, marking an 18% uptick in the last 24 hours alone.
This rally represents an impressive 85.8% over the month. However, it's worth noting that $AVAX is still trailing 71.56% behind its all-time high.
Dogecoin is still a giant
Dogecoin's journey from a lighthearted meme to a serious player in the crypto space has been nothing short of extraordinary.
Bursting into the top 10 in 2021, this "joke" currency peaked at around $0.68, driven by a blend of celebrity tweets and a dedicated community.
At its peak, it even managed to surpass Tether (USDT), the largest stablecoin by market capitalization, and enter into the top 5.
It is worth noting that $DOGE also entered the top 5 back in 2016 when the whimsical and novel meme cryptocurrency was valued at only $31 million.
Today, even after slipping from the top tier, $DOGE maintains its charm, trading at $0.096815 with a market cap of a whopping $13.8 billion.
$SHIB remains in the top 20
Dogecoin and Shiba Inu ($SHIB) are still both in the top 20, according to the latest CoinGecko ranking.
Ranking 18th currently, $SHIB is priced at $0.00000972 and has shown an 8.4% growth over the past week.
As reported by U.Today, $SHIB was recently on the cusp of dropping out of the top 20 after a bearish streak, but it has since solidified its position above other contenders of the likes of Uniswap (UNI) and Bitcoin Cash (BCH).
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