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

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)
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.

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

(BTC)
and
ether

(ETH)
were
among
them.

Uniswap

(UNI)
noticeably
lagged
this
week,
falling
19%
as
the
DeFi
exchange

received
an
enforcement
notice
from
the
SEC.
Layer
1s
Aptos

(APT)
and
Internet
Computer

(ICP)
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.