Dogecoin Pumps as Bitcoin Pops, Reversing Current DOGE Dropping Streak – Decrypt

Main meme coin Dogecoin (DOGE) is up practically 15% within the final 24 hours as Bitcoin’s bounce to virtually $74,000 has led to a powerful rebound in crypto costs. 

Dogecoin is presently the biggest gainer among the many prime 100 cryptocurrencies by market cap during the last day, per CoinGecko. By comparability, Bitcoin is up about 7.7% within the final 24 hours at $73,961, with Ethereum exhibiting a ten% leap to $2,183.

The surge has helped get well DOGE losses from the final month, which now sit at simply 6% because the token trades round $0.102. At that mark, the biggest meme coin by market cap nonetheless sits inside the highest 10 of all crypto tokens by that metric, in keeping with knowledge from CoinGecko. 

The popular culture token can also be one among a handful of crypto property with a spot ETF buying and selling in the US, having earned approvals from the SEC for issuers like Bitwise and Grayscale late final yr. 

However these ETFs haven’t seen a lot motion, with simply greater than $7 million in complete inflows collectively since their inception, in keeping with knowledge from SoSoValue. That determine pales compared to the flows hitting Bitcoin and Ethereum ETFs, which have introduced in additional than $55 billion and $11 billion, respectively—albeit since 2024 for each.

However, centralized trade volumes for the asset place it proper alongside among the ecosystem’s greatest buying and selling pairs, like on Binance the place it generated greater than $197 million in volumes within the USDT buying and selling pair during the last 24 hours. That’s 50% increased than volumes for the BNB-USDT buying and selling pair on the trade, in keeping with knowledge from CoinGecko. 

Different common meme cash have had a fruitful 24 hours as effectively, like Ethereum-based PEPE and Solana’s BONK, which have jumped 8.8% and seven.5% within the final 24 hours, respectively. The pair at the moment are buying and selling at $0.00000535 and $0.0000056.

The pair have helped buoy the meme coin class as an entire, which has solely risen round 5% within the final day of buying and selling. 

One other notable mover embrace final cycle’s meme coin darling Fartcoin (FARTCOIN), which has jumped practically 12% to $0.18. At that value, although, the token sits round 93% under its all time excessive of $2.48 from January 2025. 

The day that Fartcoin achieved its all-time excessive, President Trump launched his official meme coin—TRUMP—on the Solana blockchain. And whereas most main memes are posting outsized positive aspects on the day, the President’s official meme coin is simply up 1.2% within the final 24 hours, just lately altering arms at $3.46. At that mark, the token is now greater than 95% off its all-time excessive.