Dogecoin Climbs 5.4%, Tops CoinDesk 20 This Week: CoinDesk Indices Market Update

CoinDesk Indices (CDI) presents its bi-weekly market update, highlighting the performance of leaders and laggards in the benchmark CoinDesk 20 Index (CD20) and the broad CoinDesk Market Index (CMI).

Dogecoin {{DOGE}} led the CoinDesk 20 this week, climbing 5.4% and topping $0.20 at one point before pulling back. This is still far below the meme coin’s all-time high of $0.58 in May of 2021.

Only five assets in the index closed yesterday above their levels of one week ago. Despite sizable losses on Friday, bitcoin {{BTC}} and ether {{ETH}} were among them.

Uniswap {{UNI}} noticeably lagged this week, falling 19% as the DeFi exchange received an enforcement notice from the SEC. Layer 1s Aptos {{APT}} and Internet Computer {{ICP}} were among the worst performers as well.

CoinDesk 20 tracks top digital assets and is investible on multiple platforms. The broader CMI comprises approximately 180 tokens and seven crypto sectors: currency, smart contract platforms, DeFi, culture & entertainment, computing, and digitization.