Dogecoin Leads Altcoin Rally as XRP, Tron and Solana Rise

In brief

  • Dogecoin jumped 5.1% to $0.22, buoyed by news of a proposed ETF from REX Shares.
  • TRON gained 2.4% after headlines tied to founder Justin Sun, while XRP added 2%.
  • September’s rate cut expectations and renewed retail activity could set the stage for a stronger Q4.

Altcoins are starting to rise, with Dogecoin leading the weekend rally among the top ten altcoins, following muted price movements last week from Bitcoin.  

Dogecoin is currently trading at $0.22 following a 5.1% jump in the past 24 hours. TRON has a modest gain of 2.4% while XRP is up 2% in the same period, CoinGecko data shows.

The crypto markets, including Dogecoin and TRON, are up after an “overreaction” to Friday’s U.S. unemployment numbers, Stephen…

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