Dogecoin (DOGE) has resumed its inch towards the moon, one rally at a time.
The popular memecoin climbed another 15.81% on Tuesday, adding to substantial gains made over the weekend. Trading for the coin has since cooled, but DOGE is still up over 9% on the day. In the last week, DOGE is up a whopping 22%, to $.084 at the time of writing, according to data from CoinMarketCap.
Since that price movement, some 2.37 million DOGE investors—58% of all DOGE holders—are now in profit, according to analysis from IntoTheBlock. Those profitable investors collectively own $8.13 billion worth of the dog-themed coin, which now boasts a market cap of over $11.6 billion.
That puts Dogecoin firmly ahead of Shiba Inu (SHIB) in terms of market cap; the two dog-themed meme coins have long-battled one another in that regard. SHIB’s market cap is currently hovering around $8.6 billion.
Some $1.7 billion worth of DOGE has swapped hands in the last 24 hours alone, amounting to a substantial 21.14% increase in 24-hour trading volume.
Today’s price marks a 10-week high for the coin, which last saw such highs in late May.
Though created in jest to poke fun at the crypto industry, Dogecoin is no longer a laughing matter. The crypto darling (ironically or not) of Tesla and SpaceX CEO Elon Musk, Dogecoin has as of late gained a reputation as a mainstay cryptocurrency, even outside of crypto circles.
Last week, billionaire entrepreneur Mark Cuban doubled down on his rosy view of Dogecoin, stating his belief that its network has more potential applications than the arguably more prominent network Cardano.
When met with the rebuttal that Dogecoin offers no utility when it comes to building on top of the memecoin’s network, Cuban recently quipped that DOGE’s usefulness stems not from its application potential, but rather from its widespread and increasing adoption as a mainstream payment method. “I can buy things [with DOGE] pretty much anywhere that accepts crypto,” Cuban said.
You didn't actually read or watch what I said. That was the mistake. I didn't say there were more applications that can run on doge. I said there were more for doge. I can buy things pretty much anywhere that accepts crypto. It's more usable as a currency than ADA.
Nebraska bill LB609, which will help protect users of Bitcoin ATMs and other electronic kiosks, was signed into law Wednesday by Nebraska Governor Jim Pillen.
The Controllable Electronic Record Fraud Prevention Act implements regulations to warn individuals of potential fraudulent behavior, and prevent them from being harmed. While the text of the bill itself isn’t significantly focused on crypto terminology, the governor’s office put out a statement Thursday saying that it's a key part of the...
It has been a brutal market in recent weeks. But this morning, most major meme coins have finally seen a much welcomed bounce.
That said, the Official Trump (TRUMP) token lags behind its meme coin competitors, posting middling gains comparatively, while President Donald Trump’s trade war rages on.
Sector leaders Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE) have rebounded 9.2%, 7.9%, and 16.3% respectively. Although the fourth largest meme coin by market capitalization, Official Trump (TRUM...
A new report from crypto venture capital fund Dragonfly estimates that geoblocking policies in cryptocurrency airdrops—typically due to regulatory concerns—have potentially cost U.S. users billions of dollars' worth of lost revenue from 2020-2024.
The analysis is part of Dragonfly’s “State of Airdrops 2025” report, in which the firm analyzed data from 12 distinct Ethereum-based airdrops, a popular crypto reward mechanic that typically involves giving tokens to current or historical users of a g...