Bitcoin
BTC$70 868.81

3.12%

Ethereum
ETH$3 570.10

2.17%

Tether
USDT$1.000161

0.07%

Binance Coin
BNB$581.90

2.21%

Solana
SOL$186.43

2.17%

XRP
XRP$0.627804

2.23%

Ethereum price closes in on $4K as Shiba Inu (SHIB) steals Dogecoin’s thunder


14 May 2021

#Ethereum

Ethereum and Dogecoin hit new highs as investors brace for Elon Musk’s SNL debut and Bitcoin bulls push the price closer to $60,000. The crypto market has rallied into the weekend as Ether (ETH), Dogecoin (DOGE) and Shibu Inu (SHIB) hit new all-time highs as they lead the pack of altcoins up the market cap mountain. 

Much of the excitement behind Dogecoin's rally has been attributed to the upcoming appearance of Elon Musk, the CEO of Tesla and a Dogecoin advocate, on the popular Saturday Night Live comedy sketch show. Ether, on the other hand, continues to rally toward $4,000 as institutional interest in the altcoin soars and the approaching London hard fork have investors feeling extra bullish.

Data from Cointelegraph Markets and TradingView shows that after briefly dipping to a low of $3,418 in the late hours on May 8, Ether price regained its composure and proceeded to vault 13% to reach a new all-time high at $3,958. 

While some have been surprised by the bullish movement from the second-largest cryptocurrency by market capitalization, it comes as no shock to Cointelegraph market analyst Marcel Pechman who recently detailed how Ether "could easily sustain until $5,000.” Bitcoin (BTC) has used its time out of the spotlight to quietly climb higher with bulls now attempting to hold the price above $59,000.

Canine-themed 'meme coins' lead the pack

Dogecoin has emerged as one of the biggest mainstream attention grabbers in cryptocurrency history as scores of new users got their first taste of crypto trading from the popular meme token. The week-long build-up in momentum for DOGE led to a 25% surge in the early trading hours on Saturday that lifted its value to a new all-time high at $0.74 before profit-taking dropped the price back below $0.68.

Thanks to the global attention that Dogecoin has attracted, a number of canine-themed projects have arisen, including Shiba In (SHIB), which burst onto the scene following a two-day rally that saw its value launch 1,100% higher to establish a new record high at $0.0000178.

The overall cryptocurrency market cap now stands at $2.463 trillion and Bitcoin’s dominance rate is 44.8%.


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Top Cryptocurrencies with Price Predictions

# Crypto Prediction Accuracy CVIX Price 24h 7d Market Cap 7d price change
1 Bitcoin (BTC) BTC Bitcoin predictions 78% 44 $70 868.81 3.12% 8.26% $1 393 767 171 317 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 74.8% 48 $3 570.10 2.17% 3.51% $428 668 598 796 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 91.2% 1 $1.000161 0.07% 0.01% $104 471 023 414 USDT 7 days price change
4 Binance Coin (BNB) BNB Binance Coin predictions 62% 80 $581.90 2.21% 5.32% $87 014 724 958 BNB 7 days price change
5 Solana (SOL) SOL Solana predictions 56% 89 $186.43 2.17% 4.64% $82 827 567 119 SOL 7 days price change
6 XRP (XRP) XRP XRP predictions 83.2% 32 $0.627804 2.23% -1.76% $34 456 542 546 XRP 7 days price change
7 Dogecoin (DOGE) DOGE Dogecoin predictions 67.6% 68 $0.225344 23.25% 48.12% $32 372 016 584 DOGE 7 days price change
8 USD Coin (USDC) USDC USD Coin predictions 94.8% 2 $1.000013 -0.01% -0.01% $32 290 569 894 USDC 7 days price change
9 Cardano (ADA) ADA Cardano predictions 68.4% 67 $0.651233 1.05% 2.71% $23 171 968 614 ADA 7 days price change
10 Avalanche (AVAX) AVAX Avalanche predictions 57.6% 88 $54.67 1.49% 1.54% $20 634 220 759 AVAX 7 days price change
11 SHIBA INU (SHIB) SHIB SHIBA INU predictions 55.6% 94 $0.000032 7.11% 18.56% $18 900 762 514 SHIB 7 days price change
12 Toncoin (TON) TON Toncoin predictions 59.2% 88 $4.90 -1.86% 19.86% $17 013 575 643 TON 7 days price change
13 Polkadot (DOT) DOT Polkadot predictions 71.6% 52 $9.49 0.98% 2.66% $13 545 452 826 DOT 7 days price change
14 Bitcoin Cash (BCH) BCH Bitcoin Cash predictions 69.6% 60 $573.82 5.77% 38.08% $11 293 838 392 BCH 7 days price change
15 Chainlink (LINK) LINK Chainlink predictions 79.2% 42 $19.23 0.01% 3.86% $11 287 608 466 LINK 7 days price change

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