Dogecoin is getting sizzling once more, leaping by practically 11% over the previous 24 hours to proceed positive aspects from the final couple days—and one other meme coin is even hotter, thanks partly to latest hype over AI-related tokens.
DOGE is as much as a present value of $0.375, the very best mark seen since December 18 amid a market-wide plunge. Dogecoin has now climbed 18% because the begin of 2025, rebounding after falling to beneath $0.27 on December 20.
The unique meme coin noticed a surge this fall on the again of outstanding fan Elon Musk’s assist of Donald Trump on the marketing campaign path, after which blasted off alongside Bitcoin and different main property following Trump’s win. DOGE then peaked at $0.48 in December, marking a three-year value excessive for the asset.
Dogecoin is not the one main asset gaining steam Friday. It isn’t even the largest gainer within the prime 10 cash by market cap—that honor goes to Cardano, which has jumped 15% on the day to a present value of $1.10.
Bitcoin, against this, is up simply 1% on the day to $98,275, with Ethereum rising over 3% to just about $3,600.
One other meme coin within the prime 100 cryptocurrencies by market cap is celebrating a recent milestone Friday, as effectively, with the lately surging Fartcoin (FARTCOIN) reaching a brand new all-time excessive value of $1.53 only a bit in the past.
Fartcoin is rising partly because of its affiliation with the AI-driven X account Reality Terminal, which dreamed up the title of the coin earlier than an unknown human created and launched it by way of Solana meme coin launchpad Pump.enjoyable. It is now up 57% over the past seven days.
The Solana token surged on Thursday alongside different cryptocurrencies tied to AI brokers, the launchpads used to deploy them, and meme cash tied to these brokers. The AI + crypto narrative is being hailed by some merchants as the newest meta within the house, although it additionally has outstanding detractors.
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