{"id":514147,"date":"2022-12-29T18:00:16","date_gmt":"2022-12-29T23:00:16","guid":{"rendered":"https:\/\/wncen.com\/?p=514147"},"modified":"2023-03-08T07:26:17","modified_gmt":"2023-03-08T07:26:17","slug":"dogecoin-beats-bitcoin-ethereum","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/dogecoin\/dogecoin-beats-bitcoin-ethereum\/","title":{"rendered":"Dogecoin Beats Bitcoin, Ethereum For Best Performance In Crypto Top 10"},"content":{"rendered":"

Dogecoin has once again emerged as one of the best performers for the year when it comes to the top 10 cryptocurrencies. The meme coin which enjoyed massive popularity in 2021 continues to hold on to gains even better than larger counterparts such as Bitcoin and Ethereum.<\/p>\n

Dogecoin Performs Exceptionally Well<\/h2>\n

In a year where there were numerous implosions that tanked the crypto market further, dogecoin has come forward as a force to be reckoned with. It has held on to its value ahead of some of the largest cryptocurrencies in the space.\u00a0<\/span><\/p>\n

Related Reading: Prolonged Crypto Winter Pushes Kraken Exchange Out Of Japan<\/a><\/div>\n

Naturally, most cryptocurrencies have lost a significant chunk of their value but where dogecoin has lost only about 58% of its value in 2022, others such as bitcoin and ethereum have recorded yearly losses of 65% and 67%, respectively. This already puts the meme coin ahead of the two largest cryptocurrencies in the market.<\/p>\n

It also outperformed the likes of Cardano and Polygon, both of which are the ninth and tenth largest cryptocurrencies in the market. Cardano\u2019s value is down more than 80% while Polygon has recorded declines of approximately 69% this year.<\/p>\n

\"Dogecoin<\/p>\n

DOGE holding above $0.07 | Source: DOGEUSD on TradingView.com<\/a><\/pre>\n

The meme coin was only surpassed by Binance Coin (BNB) and XRP. Where BNB is down 53%, XRP is down 57%. This makes BNB the best performer out of the top 10, XRP is the second-best performer, and dogecoin is a close third.<\/p>\n

Other Metrics For Top 10 Cryptos<\/h2>\n

Dogecoin has also done a good job in its rise from its cycle low<\/a>. After touching $0.05 in June, it has managed to rise over 42% since then to be sitting at $0.07 at the time of this writing. However, it is still not the most accomplished in this regard. That title goes to XRP.<\/p>\n

Related Reading: Bitcoin Could See Another Bull Rally If This Happens<\/a><\/div>\n

XRP\u2019s cycle low of $0.11 and its current price of $0.35 means that the digital asset is up almost 207% in the last 10 months. Another asset that saw triple-digit recoveries from the cycle low is Polygon which is up 142% from its June cycle low of $0.32.<\/p>\n

Others in the top 10 have not performed as well. Bitcoin is down around 6% from its cycle low of $17,664, and Cardano is seeing 38% losses from its cycle low of $0.4. Meanwhile, Ethereum and BNB are seeing much better headwinds with 33.65% and 32.41% increases, respectively.<\/p>\n

Nevertheless, this makes dogecoin the third-best performer once more using this metric. An impressive run for a meme coin mainly driven by hype.<\/p>\n

Featured image from Coinbase, chart from TradingView.com<\/div>\n","protected":false},"excerpt":{"rendered":"

Dogecoin has once again emerged as one of the best performers for the year when it comes to the top 10 cryptocurrencies. The meme coin which enjoyed massive popularity in 2021 continues to hold on to gains even better than larger counterparts such as Bitcoin and Ethereum. Dogecoin Performs Exceptionally Well In a year where there were numerous implosions that tanked the crypto market further, dogecoin has come forward as a force to be reckoned with. It has held on to its value ahead of some of the largest cryptocurrencies in the space.\u00a0 Related Reading: Prolonged Crypto Winter Pushes Kraken Exchange Out Of Japan Naturally, most cryptocurrencies have lost a significant chunk of their value but where dogecoin has lost only about 58% of its value in 2022, others such as bitcoin and ethereum have recorded yearly losses of 65% and 67%, respectively. This already puts the meme coin ahead of the two largest cryptocurrencies in the market. It also outperformed the likes of Cardano and Polygon, both of which are the ninth and tenth largest cryptocurrencies in the market. Cardano\u2019s value is down more than 80% while Polygon has recorded declines of approximately 69% this year. DOGE holding above $0.07 | Source: DOGEUSD on TradingView.com The meme coin was only surpassed by Binance Coin (BNB) and XRP. Where BNB is down 53%, XRP is down 57%. This makes BNB the best performer out of the top 10, XRP is the second-best performer, and dogecoin is a close third. Other Metrics For Top 10 Cryptos Dogecoin has also done a good job in its rise from its cycle low. After touching $0.05 in June, it has managed to rise over 42% since then to be sitting at $0.07 at the time of this writing. However, it is still not the most accomplished in this regard. That title goes to XRP. Related Reading: Bitcoin Could See Another Bull Rally If This Happens XRP\u2019s cycle low of $0.11 and its current price of $0.35 means that the digital asset is up almost 207% in the last 10 months. Another asset that saw triple-digit recoveries from the cycle low is Polygon which is up 142% from its June cycle low of $0.32. Others in the top 10 have not performed as well. Bitcoin is down around 6% from its cycle low of $17,664, and Cardano is seeing 38% losses from its cycle low of $0.4. Meanwhile, Ethereum and BNB are seeing much better headwinds with 33.65% and 32.41% increases, respectively. Nevertheless, this makes dogecoin the third-best performer once more using this metric. An impressive run for a meme coin mainly driven by hype. Featured image from Coinbase, chart from TradingView.com<\/p>\n","protected":false},"author":541,"featured_media":514154,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[83685],"tags":[428,1785,87536,85675,7,1946],"class_list":["post-514147","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-dogecoin","tag-bitcoin","tag-doge","tag-doge-performance","tag-doge-price","tag-dogecoin","tag-ethereum"],"acf":[],"yoast_head":"\nDogecoin Beats Bitcoin, Ethereum For Best Performance In Crypto Top 10<\/title>\n<meta name=\"description\" content=\"Dogecoin has once again emerged as one of the best performers for the year when it comes to the top 10 cryptocurrencies. 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With each article, Best lends a voice to important issues such as a more financially inclusive future, transparent systems for growth and development, and technology that is not self-serving but one that serves all of humanity. When not curating engaging content, Best can be found reading a book with a cup of hot chocolate, enjoying a Netflix series, or exploring the outdoors with Green - the world\u2019s most quiet and well-behaved Husky. Best\u2019s interests also span other industries such as art, finance, and security, attending seminars and conferences in not just the crypto industry but other industries as well. As an animal lover, Best is also involved with charities for animals, local shelters, and rescues. Best is also involved in local events that promote inclusivity, such as being a prominent member of hiking clubs and a cycling club, as well as being a part of a very happy group of animal lovers. Best is a true professional in every sense of the word, with an exceptional dedication to producing high-quality work. This shines through in Best's work on and off the clock. These include advocating for inclusive crypto education for all, the impact of financial illiteracy, and the benefits of adopting new technologies such as cryptocurrencies. Best\u2019s prolific career in the media industry is a testament of how hard work and dedication pays.","sameAs":["https:\/\/www.linkedin.com\/in\/best-owie-41a150178\/","https:\/\/x.com\/https:\/\/twitter.com\/BestOwie"],"url":"https:\/\/wncen.com\/author\/owiebest\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Dogecoin Beats Bitcoin, Ethereum For Best Performance In Crypto Top 10","url":"http:\/\/wncen.com\/news\/dogecoin\/dogecoin-beats-bitcoin-ethereum\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/dogecoin\/dogecoin-beats-bitcoin-ethereum\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2022\/12\/Dogecoin-1.png?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2022\/12\/Dogecoin-1.png?fit=2250%2C1290"},"articleSection":"Dogecoin","author":[{"@type":"Person","name":"Best Owie"}],"creator":["Best Owie"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["bitcoin","doge","doge performance","doge price","dogecoin","ethereum"],"dateCreated":"2022-12-29T23:00:16Z","datePublished":"2022-12-29T23:00:16Z","dateModified":"2023-03-08T07:26:17Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Dogecoin Beats Bitcoin, Ethereum For Best Performance In Crypto Top 10\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/dogecoin\\\/dogecoin-beats-bitcoin-ethereum\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/dogecoin\\\/dogecoin-beats-bitcoin-ethereum\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2022\\\/12\\\/Dogecoin-1.png?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2022\\\/12\\\/Dogecoin-1.png?fit=2250%2C1290\"},\"articleSection\":\"Dogecoin\",\"author\":[{\"@type\":\"Person\",\"name\":\"Best Owie\"}],\"creator\":[\"Best Owie\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"bitcoin\",\"doge\",\"doge performance\",\"doge price\",\"dogecoin\",\"ethereum\"],\"dateCreated\":\"2022-12-29T23:00:16Z\",\"datePublished\":\"2022-12-29T23:00:16Z\",\"dateModified\":\"2023-03-08T07:26:17Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2022\/12\/Dogecoin-1.png?fit=2250%2C1290","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/514147"}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/541"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=514147"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/514147\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/514154"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=514147"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=514147"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=514147"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}