Ether and Dogecoin Hit New All-Time Highs

by in Cryptocurrency News

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In the past 24 hours, Ether and Doge reached new all-time highs: $2,547 and over $0.3 correspondingly.

Related: Berlin hardfork took place on the Ethereum network

Hovering around $2500 for a few days, the second cryptocurrency managed to overpass the barrier. The price of the token surged above $2,547. One of the reasons to cause price increase was the high demand for the token's options market. Open interest is the entire number of outstanding derivative contracts. Its mark went beyond $3.3 B on Wednesday.

As for Dogecoin, gaining over 430% in a week, its price surged above $0.3. Dogecoin overperformed Litecoin, Uniswap and Polkadot in terms of market cap. Currently, the cryptocurrency ranks 7th with around $42.9 B.

Doge's price surge comes after the NBA team Mavericks Dallas owner Marc Cuban announced that there are a bunch of cases when people use Dogecoin to make purchases for the company's merchandise. Tesla CEO Elon Musk also supported the coin, tweeting about it once more.