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Dogecoin outperforms while Cardano, XRP push crypto market higher

03 January 2026 09:58 (UTC +04:00)

Dogecoin, Cardano, and XRP dominated the altcoin bid as short liquidations increased, APA reports, citing msn.com.

Bitcoin remained above $90,000 on a short-heavy flush, with $94.9 million in shorts and $17.3 million in longs.

Tron rose by only 1.1% over the last day, with liquidations totaling around $30,000.

Dogecoin (DOGE) led the daily gains, followed by Cardano (ADA) and Ripple’s XRP (XRP), as the entire cryptocurrency market remained in the green on Friday.

Following its rally on the second day, Dogecoin (DOGE) was one of the session's best performers, trading around $0.1435 and up roughly 13.4%, with approximately $14.4 million in liquidations concentrated primarily on the short side, according to Coinglass data. On Stocktwits, retail sentiment around Dogecoin remained in the ‘extremely bullish’ territory, as chatter levels changed from ‘high’ to extremely high’ over the day.

Cardano (ADA) traded near $0.396, up about 10.7% in the last 24 hours, and liquidations totaled around $3.3 million, with short positions accounting for the majority as late bearish bets were unwound. On Stocktwits, retail sentiment around Cardano remained in the ‘bullish’ territory, with chatter improving from ‘normal’ to ‘high’ levels over the past day.

Ripple’s XRP (XRP) was trading near $2.02, up approximately 8.0% on the day, as liquidations increased to around $11.4 million, primarily due to shorts being forced out as price momentum accelerated. On Stocktwits, retail sentiment around XRP improved from ‘bearish’ to ‘bullish’, as chatter levels improved from ‘normal to ‘high’ over the past day.