Zicoin plummets, Solana soars... Solana returns to 4th place in market capitalization

DoZicoin has fallen sharply, but Solana has risen sharply, and Solana has returned to 4th place in market capitalization. Is the mask effect over? DoZicoin's market capitalization has fallen to 7th place: 6:30 a.m. on the 18th,
Dozicoin recorded 35 cents, down 2.40% from 24 hours ago. Recently, Dozicoin has been rallying every day, including breaking through 40 cents on the back of favorable news from Elon Musk.
However, it has fallen sharply since the latter half of last week and its rise has slowed, leaving it at just 37% in the past week, behind Ripple’s 83% increase.
DoZicoin was rallying day after day, at one point soaring by more than 100% over the seven trading days.
The reason for the surge in DoZicoin was the CEO of Tesla, Elon Musk.
(CEO)'s beloved coin. DotZico had been soaring on hopes that a Trump victory would give Musk more say.
However, since the latter half of last week, Musk's comments have become weaker, and the rise has slowed.
Its market capitalization also fell from 4th to 7th. Solana surges, returning to 4th place in market capitalization: In comparison, Solana surged on this day. At the same time, on CoinMarketCap, Solana was up 24 hours earlier.
The stock is trading at $233 (approximately 35,900 yen), up 8.18% from the previous day, the highest price in three years. This is likely due to expectations for the Solana Exchange-Traded Fund (ETF).
ETF provider VanEck predicted that the Solana ETF could be available by the end of 2025. VanEck said that with Trump's election, the Securities and Exchange Commission (SEC)
He predicted that the Solana ETF will likely be approved by the end of 2025, as more cryptocurrency products will be approved.
With these favorable factors, Solana seems to have soared by more than 8% on the day. This has resulted in the market capitalization of
The market capitalization has increased to $110 billion (approximately 17 trillion yen), and Solana has returned to fourth place. Solana has been relatively sluggish recently, having been pushed out of the top five by market capitalization due to the rise of Dozicoin, but the ETF
Expectations have led to it once again being in the top 5 in terms of market capitalization. Bitcoin collapses to $90,000: Meanwhile, during the same time, Bitcoin fell 1.72% to $89,384 (approximately 13.77 million yen).
On this day, Bitcoin is engaged in a fierce buying and selling battle around $90,000.