Dogecoin (DOGE) is up 7.7% over the past 24 hours, trading above its three-week high of $0.103 on Tuesday morning, according to data from CoinGecko.

The industry’s first and largest meme coin now boasts a market capitalization of over $14 billion—a hefty increase of roughly $1.5 billion since yesterday—and is also the best-performing digital asset among the top 10 largest cryptocurrencies on the day.

The latest price action comes in the wake of DOGE surging over 22.5% in a week’s time on Monday, most likely spurred by ongoing—yet unconfirmed—speculations that the meme coin could become part of Twitter’s potential plans for rolling out its own payment system.

Dogecoin
DOGE
-25.37%$0.1634
24H7D1M1YMAX
Created with Highcharts 10.3.3May 26May 28May 30Jun 1Jun 3Jun 5Jun 7Jun 9Jun 11Jun 13Jun 15Jun 17Jun 19Jun 21Jun 23$0.14$0.16$0.18$0.2$0.22$0.24
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DOGE price

At the time of writing, Dogecoin has spiked almost 38% over the week.

The latest spike in price comes amid continued turbulence in the crypto industry.

BlockFi is a crypto lending firm. Image: Shutterstock

BlockFi Owes $1 Billion to Just Three of Its Largest Creditors: Bankruptcy Filing

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NewsCoins
4 min read
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On Monday, BlockFi became the latest high-profile crypto firm to file for bankruptcy following the FTX collapse, with the company’s bankruptcy filing revealing it owes more than $1 billion to three of its largest creditors.

Elsewhere in the market, Bitcoin (BTC) is up 1.7% over the day, currently trading at about $16,500.

Dogecoin
DOGE
-5.32%$0.1634
24H7D1M1YMAX
Created with Highcharts 10.3.312:00PMJun 1812:00PMJun 1912:00PMJun 2012:00PMJun 2112:00PMJun 2212:00PMJun 2312:00PMJun 24$0.145$0.15$0.155$0.16$0.165$0.17$0.175
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DOGE price

Ethereum rose 3.5% over the past 24 hours to the current price of $1,213, while Litecoin (LTC)—another one of the better-performing assets over the past week—moved up to 13th place in the rankings with a 6.6% jump over the span, trading at $76.69 at the time of this writing.

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