The global crypto market, which includes everything from Bitcoin (BTC) and Ethereum (ETH) to Dogecoin (DOGE) and thousands of many other cryptocurrencies, can be immense for those new to the crypto world. And the cryptocurrency market has been booming in recent days. In addition, today’s top five cryptocurrencies are Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE), Polygon (MATIC), and Shiba Inu (SHIB).
Today’s Top Cryptocurrencies
Bitcoin (BTC) is the most dominant cryptocurrency in the global crypto market, and its price has been rising steadily since the beginning of 2023. The dominant market Bitcoin has reached a two-month high of $20k, and the as per CMC BTC is trading at the price of $20,692 increased to 9.02%, and 19M BTC is in circulation.
Ethereum (ETH) is the second largest cryptocurrency and the top 2 cryptocurrencies today, and after shifting from Proof of Work (PoW) to Proof of Stake (PoS) and facing dips for the past few weeks, it is now marching in green. At the time of writing, the price is $1,528 and the yield is 8.38%.
The top meme coin Dogecoin, which has been rapidly rising due to Elon Musk’s influence, has been facing bears in recent weeks. It is now trading in the bullish region with a price of $0.08594 and a yield of 7.49%.
Polygon (MATIC) is a network of Ethereum-compatible projects and blockchains. MATIC recently announced that it is ready to upgrade the hard fork next week. At the time of writing, MATIC is trading at $0.9873 and has increased by 9.19% in the last 24 hours.
Shiba Inu is a popular dog-themed meme coin that has ranked as the second most secure crypto project since entering the bull market. At the time of writing, SHIB is trading at $0.00001032 and has increased by 7.20%. There are also 549T SHIB in circulation.
Source: https://thenewscrypto.com/top-5-crypto-coins-of-the-day/