Bitcoin Was Muted, Dogecoin Spiked, But The Icing On The 'Cake' Last Week Was A 62% Rally In This Token

Benzinga

2025/02/17

The cryptocurrency market was influenced by Bitcoin's BTC/USD stagnation last week, although certain coins staged remarkable gains. What happened: CAKE, the token of the decentralized exchange ...

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Proof-of-work cryptocurrency Kaspa rallied over 25% to bag the third spot.\nCryptocurrencyGains +/-PricePancakeSwap CAKE/USD+62.70%$2.74Sonic (S)+33.56%$0.5462Kaspa KAS/USD+25.98%$0.1099\nSee Also: Brian Armstrong Wants To Handle Growing Volumes Of Memecoins By Adding DEXes Into Coinbase: ‘A Little Bit Like The Early Days Of The Internet’\nBlue-chip coins like Bitcoin BTC/USD and Ethereum ETH/USD remained rangebound, gaining 0.98% and 0.81%, respectively.\nXRP XRP/USD clocked double-digit gains of 11.55%, while Dogecoin DOGE/USD grew 6.17%, following the SEC's acknowledgment of their respective Grayscale ETF applications.\nOther meme coins like Shiba Inu SHIB/USD traded flat, while President Donald Trump's Official Trump TRUMP/USD token lifted over 14%.\nOverall, the total cryptocurrency market capitalization rose marginally by 0.9% over the week to $3.19 trillion.\nPhoto Courtesy: Akif CUBUK on Shutterstock.com\nRead Next: \n\nGamestop’s Potential Bitcoin Move A ‘Hail Mary,’ Says Peter Schiff —Crypto Themed On Company Rips 440%\n BTCGrayscale Bitcoin Mini Trust (BTC) Common units of fractional undivided beneficial interest$43.111.05%WatchlistOverview$BNBBNB--%$BTCBitcoin$96347.100.24%$CAKEPancakeSwap--%$DOGEDogecoin$0.2632-0.89%$ETHEthereum$2679.560.67%$KASKAS$0.1089-0.27%$SHIBShiba Inu$0.000016-0.56%$TRUMPOfficial Trump$17.77-5.23%$XRPRipple$2.68-1.63%Market News and Data brought to you by Benzinga APIs© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}