Dogecoin

Republican

bullish

ApeCoin

TL;DR
<ul>
 <li>Dogecoin (DOGE) jumped substantially in the past several days, hitting its highest price in 18 months.</li>
 <li>Bitcoin (BTC) reached a three-month high near $69,500, with predictions of further growth.</li>
 <li>ApeCoin (APE) surged by over 100% in a week due to a key project launch.</li>
</ul>
<h2 id="span-data-preserver-spaces-true-a-href-https-cryptopotato-com-wp-content-uploads-2024-10-recap_cb-13-jpg-data-wpel-link-internal-rel-noopener-noreferrer-nofollow-a-span"><a href="https://cryptopotato.com/wp-content/uploads/2024/10/Recap_CB-13.jpg" data-wpel-link="internal" rel="noopener noreferrer nofollow"></a></h2>
<h2 id="doge-s-impressive-performance">DOGE’s Impressive Performance</h2>
The biggest meme coin in terms of market capitalization made the headlines toward the end of last week. Back then, it <a class="editor-rtfLink" href="https://cryptopotato.com/doge-soars-to-an-11-week-high-as-elon-musk-resumes-public-dogecoin-interactions/" target="_blank" rel="noopener noreferrer nofollow" data-wpel-link="internal">registered</a> a daily price increase of almost 10% following yet another interaction from Elon Musk. Tesla’s CEO was speaking in front of a crowd in Pennsylvania, showing support for the US presidential candidate Donald Trump.
Asked if he would lead a new potential division (called Department of Government Efficiency) in an eventual Trump administration (should the Republican win the elections), Musk simply answered, “Yeah, DOGE.”
While Dogecoin (DOGE) experienced some volatility in the following days, it remained in a bullish mode. It currently trades at almost $0.15, representing an 18-month high.
<figure id="attachment_367086" aria-describedby="caption-attachment-367086" style="width: 100%" class="wp-caption aligncenter"><a href="https://cryptopotato.com/wp-content/uploads/2024/10/DOGE-Price-4.png" data-wpel-link="internal" rel="noopener noreferrer nofollow"><img class="wp-image-367086" src="https://cryptopotato.com/wp-content/uploads/2024/10/DOGE-Price-4.png" alt="DOGE Price" width="583" height="400" srcset="https://cryptopotato.com/wp-content/uploads/2024/10/DOGE-Price-4.png 1043w, https://cryptopotato.com/wp-content/uploads/2024/10/DOGE-Price-4-300x206.png 300w, https://cryptopotato.com/wp-content/uploads/2024/10/DOGE-Price-4-1024x702.png 1024w, https://cryptopotato.com/wp-content/uploads/2024/10/DOGE-Price-4-768x526.png 768w, https://cryptopotato.com/wp-content/uploads/2024/10/DOGE-Price-4-50x34.png 50w" sizes="(max-width: 583px) 100vw, 583px"></a>
 <figcaption id="caption-attachment-367086" class="wp-caption-text">
 DOGE Price, Source: CoinGecko
 </figcaption>
</figure>
Multiple industry participants spotted the rally, envisioning further gains in the near future. X user Mags, for instance, <a class="editor-rtfLink" href="https://x.com/thescalpingpro/status/1847570887748284771" target="_blank" rel="noopener noreferrer nofollow" data-wpel-link="external">believes</a> DOGE is about to go “parabolic,” setting a target of approximately $1.17. Others were even more optimistic, with Bark <a class="editor-rtfLink" href="https://x.com/barkmeta/status/1848032302334460294" target="_blank" rel="noopener noreferrer nofollow" data-wpel-link="external">predicting</a> a price explosion to a new all-time high of $4.20.
<h2 id="span-data-preserver-spaces-true-how-s-btc-doing-span">How’s BTC Doing?</h2>
The primary cryptocurrency has performed well in the past week, as well. Several hours ago, its price jumped to a nearly three-month high of almost $69,500. Currently, it hovers around $69K, representing an 8% increase on a weekly scale.&nbsp;
<figure id="attachment_367087" aria-describedby="caption-attachment-367087" style="width: 100%" class="wp-caption aligncenter"><a href="https://cryptopotato.com/wp-content/uploads/2024/10/BTC-Price-8.png" data-wpel-link="internal" rel="noopener noreferrer nofollow"><img class="wp-image-367087" src="https://cryptopotato.com/wp-content/uploads/2024/10/BTC-Price-8.png" alt="BTC Price" width="573" height="400" srcset="https://cryptopotato.com/wp-content/uploads/2024/10/BTC-Price-8.png 1032w, https://cryptopotato.com/wp-content/uploads/2024/10/BTC-Price-8-300x209.png 300w, https://cryptopotato.com/wp-content/uploads/2024/10/BTC-Price-8-1024x714.png 1024w, https://cryptopotato.com/wp-content/uploads/2024/10/BTC-Price-8-768x536.png 768w, https://cryptopotato.com/wp-content/uploads/2024/10/BTC-Price-8-50x35.png 50w" sizes="(max-width: 573px) 100vw, 573px"></a>
 <figcaption id="caption-attachment-367087" class="wp-caption-text">
 BTC Price, Source: CoinGecko
 </figcaption>
</figure>
Crypto X is rammed with users who think BTC could surpass the psychological level of $70,000 and even rise to a new ATH soon. 
Captain Faibik <a class="editor-rtfLink" href="https://x.com/CryptoFaibik/status/1847900438881882609" target="_blank" rel="noopener noreferrer nofollow" data-wpel-link="external">set</a> a midterm target of $88,000, while Mikybull Crypto <a class="editor-rtfLink" href="https://x.com/MikybullCrypto/status/1848161231418409172" target="_blank" rel="noopener noreferrer nofollow" data-wpel-link="external">noted</a> the emergence of a bullish cross for the first time since October 2023. According to the latter, the development might be followed by a massive pump to as high as $120,000 in the following months.
<h2 id="span-data-preserver-spaces-true-ape-is-the-big-star-span">APE Is the Big Star</h2>
The best-performing cryptocurrency (from the top 100 club) in the past week is undoubtedly ApeCoin (APE). The price of the meme coin is up over 100% for that period, mainly driven by a major achievement.
As CryptoPotato <a class="editor-rtfLink" href="https://cryptopotato.com/the-reason-behind-apecoins-ape-66-daily-surge-details/" target="_blank" rel="noopener noreferrer nofollow" data-wpel-link="internal">reported</a>, the team behind the project launched the ApeChain bridge, enabling investors to earn yields on assets such as APE, ETH, and some stablecoins.
APE’s valuation exploded to $1.66 (per CoinGecko’s data) on October 20, the highest mark since April this year. It slightly retraced in the following hours and is currently trading at just south of $1.50. 
<figure id="attachment_367088" aria-describedby="caption-attachment-367088" style="width: 100%" class="wp-caption aligncenter"><a href="https://cryptopotato.com/wp-content/uploads/2024/10/APE-Price.png" data-wpel-link="internal" rel="noopener noreferrer nofollow"><img class="wp-image-367088" src="https://cryptopotato.com/wp-content/uploads/2024/10/APE-Price.png" alt="APE Price" width="568" height="400" srcset="https://cryptopotato.com/wp-content/uploads/2024/10/APE-Price.png 1026w, https://cryptopotato.com/wp-content/uploads/2024/10/APE-Price-300x211.png 300w, https://cryptopotato.com/wp-content/uploads/2024/10/APE-Price-1024x722.png 1024w, https://cryptopotato.com/wp-content/uploads/2024/10/APE-Price-768x541.png 768w, https://cryptopotato.com/wp-content/uploads/2024/10/APE-Price-50x35.png 50w" sizes="(max-width: 568px) 100vw, 568px"></a>
 <figcaption id="caption-attachment-367088" class="wp-caption-text">
 APE Price, Source: CoinGecko
 </figcaption>
</figure>
The post <a href="https://cryptopotato.com/price-rallies-from-doge-and-ape-bitcoin-btc-neared-70k-and-more-bits-recap-oct-21/" rel="noopener noreferrer nofollow">Price Rallies From DOGE and APE, Bitcoin (BTC) Neared $70K, and More: Bits Recap Oct 21</a> appeared first on <a href="https://cryptopotato.com/" rel="noopener noreferrer nofollow">CryptoPotato</a>.

Price Rallies From DOGE and APE, Bitcoin (BTC) Neared $70K, and More: Bits Recap Oct 21

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