Bitcoin, Ether, Tether, and Polkadot emerged among some mainstream crypto-coins to end November 2021’s first week with gains, but Dogecoin and its rival Shiba Inu registered substantial dips.
Ether, the world s second-largest cryptocurrency, hit an all-time high on Wednesday, riding on news of wider adoption of non-fungible tokens and the build-out of a metaverse ecosystem.
Following Bitcoin, Cardano, Ripple, Polkadot, and other altcoins are rallying in terms of prices. The Shiba Inu coin, which had been making strides in the market lately, has witnessed a major price drop of over six percent.
While the Bitcoin price remains above the $60,000 (roughly Rs. 45 lakh) mark, Dogecoin and Shiba Inu also continue their streak of adding gains to their values.
Ether s milestone this week follows an all-time peak for Bitcoin last week of almost $67,000. It appears to be spurred on by increasing mainstream adoption of crypto tokens. Dogecoin, too, surged today, gaining close to 30 percent value.