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Dogecoin Climbs 5.4%, Tops CoinDesk 20 This Week: CoinDesk Indices Market Update

Bitcoin and ether are also among this week's leaders, while Uniswap lags.

Автор Tracy Stephens|Редактор Stephen Alpher

Обновлено 12 апр. 2024 г., 6:07 p.m. Опубликовано 12 апр. 2024 г., 6:05 p.m. Переведено ИИ

CoinDesk Indices (CDI) presents its bi-weekly market update, highlighting the performance of leaders and laggards in the benchmark CoinDesk 20 Index (CD20) and the broad CoinDesk Market Index (CMI).

Dogecoin

DOGE$0.18320

led the CoinDesk 20 this week, climbing 5.4% and topping $0.20 at one point before pulling back. This is still far below the meme coin’s all-time high of $0.58 in May of 2021.

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Only five assets in the index closed yesterday above their levels of one week ago. Despite sizable losses on Friday, bitcoin

BTC$105,541.57

and ether

ETH$2,512.11

were among them.

Uniswap

UNI$6.30

noticeably lagged this week, falling 19% as the DeFi exchange received an enforcement notice from the SEC. Layer 1s Aptos

APT$4.71

and Internet Computer

ICP$5.15

were among the worst performers as well.

CoinDesk 20 tracks top digital assets and is investible on multiple platforms. The broader CMI comprises approximately 180 tokens and seven crypto sectors: currency, smart contract platforms, DeFi, culture & entertainment, computing, and digitization.

CoinDesk 20

Tracy Stephens

Tracy Stephens is Senior Index Manager at CoinDesk Indices, where she works to maintain the high standards of robustness and rigor of systematic trading found in traditional finance in index and data products. Before transitioning into crypto, she built systematic macro-trading strategies as a quantitative researcher at Alliance Bernstein, one of the largest asset managers in the U.S., and at Citibank. Tracy holds a Bachelor's degree in Math from Barnard College and a Master's degree in Data Science from the University of California, Berkeley.