Ethereum, Cardano, and Doge lead the charge on September 2

Sep 2, 2021 Credit: Canva

Ethereum, Cardano and Doge are up by over 8 percent in the last 24 hours

Ethereum is currently trading at USD 3,757

Analysts believe ETH headed towards USD 4,000

The optimistic outlook is based on the IOMAP model with the condition is that ETH’s price needs to stay above USD 3,200 Credit: Canva

Cardano is also surging ahead of its upcoming Alonzo update

The cryptocurrency is currently trading at USD 3 Credit: Canva

The ‘Alonzo’ Hard Fork will allow the platform to mint smart contracts

This means it will be able to mint NFTs, automate lending and bring in other use cases Credit: Canva

Dogecoin’s rise comes in anticipation of the iconic meme NFT going up for sale

The Doge meme NFT is being fractionalised into 17 billion pieces

20 percent of them were auctioned last night Credit: Canva

Dogecoin is currently trading at USD 0.2997

The cryptocurrency’s price has risen by over 4 percent in the last week Credit: Canva

Bitcoin is rallying as well

It has risen by nearly 5 percent over the last 24 hours and is currently trading at USD 49,414 Credit: Canva

Bitcoin HODLers are hoping that it will break through the USD 50,000 barrier

Binance Coin, XRP, Solana, and Polkadot are also on the rise

Binance Coin has risen by nearly 6 percent over the last 24 hours

It is currently trading at USD 492.80 Credit: Canva

Ripple’s XRP is up by 4.3 percent over the last 24 hours

The cryptocurrency is priced at USD 1.24 Credit: Canva

Solana’s rally continues, although the momentum has slowed down

According to experts, its rise can be attributed to the NFT hype Credit: Canva

Solana is up by 2 percent in the last 24 hours

The cryptocurrency is currently valued at USD 114.35 Credit: Canva

Polkadot is currently worth USD 32.25 apiece

The cryptocurrency’s value has increased by 6.28 percent over the last 24 hours Credit: Canva

Disclaimer

These are top cryptocurrencies by volume according to CoinMarketCap | Prices updated as of 10 am IST and may change over the course of the day Credit: Canva