Moo Deng Soars 108%, Bitcoin Holds Steady at Record High

The cryptocurrency market experienced significant shifts in the past 24 hours, with Moo Deng emerging as the top performer. The token surged by an impressive 108% to trade at $0.267, fueled by over $1.45 billion in trading volume. This sudden rise drew attention from retail traders seeking quick profits. Meanwhile, Bitcoin maintained its dominance, recording a 1.6% gain to settle at the record-breaking $104,309, with over $26.1 billion traded. Ethereum also saw notable growth, climbing 2.4% to reach $2,515.03, attracting significant trading activity with volume exceeding $22.5 billion. 3rd place was secured by XRP, gaining 2.1%, settling at $2.40. The token witnessed nearly $3.9 billion in daily volume and retained a strong market cap of $140.5 billion. Lastly, BNB saw modest gains of 0.6% to reach $658.06. Over $926 million was traded within the timeframe, indicating consistent demand. Speculative tokens fueled daily gains with impressive momentum. Pippin experienced a 97.6% increase, reaching $0.04982, followed by Fwog (60.1%) and Goatseus Maximus (54.3%). These tokens have captured attention as traders engage in high-volume, short-duration trades, reflecting heightened risk appetite in the market.