• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Dogecoin Price Surges 15%: Current Situation Reviewed

user avatar

by Giorgi Kostiuk

a year ago

Memecoins are experiencing significant price rallies as we enter the new year. Dogecoin price surged 15%, breaking a month-long downtrend.

Dogecoin Price Increase

According to CoinMarketCap, Dogecoin price increased by around 15% today. The DOGE token is trading at $0.391, slightly below the $0.4 price level. Trading volume surged by over 120%, with a market cap standing above $57.67 billion, marking a 15% rise.

Whale Accumulation of Dogecoin

One of the major reasons behind the DOGE price surge is whales accumulating over 1.08 billion Dogecoin tokens. Based on market analyst Ali Martinez's X post, whales holding between 10 million to 1 million DOGE tokens have made this purchase. The collective tokens held by whales reached 46.36 billion.

Potential for New ATH

The renewed interest in Dogecoin made it the top trending token on CoinMarketCap. If Dogecoin surpasses the key resistance level at $0.41225, the price rally could continue, increasing hopes for a new ATH. However, if it fails to cross this resistance, a consolidation period might follow with key support at $0.32190.

As the top memecoin by market capitalization, Dogecoin's price rise seems imminent in 2025, potentially leading to a new ATH if the market sees an overall increase.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Metaplanet Considers Share Repurchase Program Amid Bitcoin Price Decline

chest

Metaplanet, Japan's largest publicly traded Bitcoin treasury company, is considering a share repurchase program to enhance its Bitcoin yield per share as its market value falls below its Bitcoin holdings.

user avatarBayarjavkhlan Ganbaatar

BlackRock and XRP Ecosystem Connection Strengthens

chest

A documented link between BlackRock and Ripple's ecosystem has emerged, highlighting the role of Wormhole in facilitating interoperability.

user avatarMohamed Farouk

ZachXBT Raises Concerns Over Humanity Protocol Incident

chest

ZachXBT raises concerns about the Humanity Protocol incident, suggesting it may be a staged exit rather than a genuine hack, impacting the project's credibility.

user avatarElias Mukuru

Humanity Protocol Faces Catastrophic Security Incident

chest

On June 9, 2026, Humanity Protocol experienced a severe security breach resulting in a loss of approximately $32 million and a 90% drop in the H token's value.

user avatarDiego Alvarez

Charles Hoskinson Envisions Cardano as Global Trust Infrastructure

chest

Charles Hoskinson envisions Cardano as a global trust infrastructure, aiming to reduce reliance on trusted third parties and redefine trust in global commerce.

user avatarKenji Takahashi

Cardano's Unique Approach to Decentralization and Governance

chest

Cardano's unique features include its decentralization model, modularity, and governance challenges, as discussed by Charles Hoskinson.

user avatarMaria Fernandez

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.