Avalanche Beats Dogecoin and Secures Top 9 Crypto Ranking As Market Cap Hits Past $14B

Adekunle Joshua

Avalanche (AVAX) has flipped Dogecoin (DOGE) and claimed the ninth spot on CoinMarketCap's leaderboard of the top 100 cryptocurrencies

Following this significant milestone, Avalanche's market value now stands at $14.23 billion, surpassing Dogecoin's market cap of $13.64 billion

Over the past month, Avalanche witnessed a remarkable 130% surge, outpacing Dogecoin's 27% growth

This price surge is attributed to NodeKit's successful fundraising for the Avalanche-powered network SEQ

In a pre-seed funding round that raised $1.2 million, NodeKit attracted investments from leading firms like Borderless Capital and others.