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

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.