The total cryptocurrency market capitalization exploded to $2.4 trillion (per CoinGecko) as BTC charted a 21.3% increase in the past seven days alone. The rest of the market followed suit, and even Ripple’s XRP, which was lagging throughout most of the year, increased by 10%. Solana took the main stage and surging by 30%. Meme coins also took center stage, with perhaps the best and most unexpected performer being Dogwifhat (WIF). WIF managed to increase to an incredible $1 billion market cap in less than half a year.
Source: George Georgiev, 2024-03-02; https://cryptopotato.com/bitcoin-with-a-monster-monthly-candle-solana-explodes-memes-soar-this-weeks-recap/