Dogecoin and XRP Jockey for the No. 6 Position in Rankings
- Date: 19-Jun-2021
- Source: Yahoo News
- Sector:Technology
- Country:Middle East
Dogecoin and XRP Jockey for the No. 6 Position in Rankings
The cryptocurrency market downturn is continuing into the weekend, with all of the top-10 coins trading in the red, including Dogecoin. The meme coin has shed 5% in the last 24-hour period and has been jockeying for position with XRP for the No. 6 ranking on CoinMarketCap.
Doge was briefly muscled out of position by XRP and fell to the No. 7 spot. Both cryptocurrencies have a market cap of around USD 38 billion currently, give or take, so the juggling could continue until there is some major move by one of the coins. As it stands, Dogecoin is back in the No. 6 ranking but the situation is fluid.
It is not unusual for Dogecoin to win the endorsement of famous people. Elon Musk and Mark Cuban have both shown a preference for the meme coin, and now the Doge community can add another name to the list.
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