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Home»Cryptocurrency & Free Speech Finance»Dogecoin Pumps as Bitcoin Pops, Reversing Recent DOGE Losing Streak
Cryptocurrency & Free Speech Finance

Dogecoin Pumps as Bitcoin Pops, Reversing Recent DOGE Losing Streak

News RoomBy News Room2 months agoNo Comments3 Mins Read787 Views
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Dogecoin Pumps as Bitcoin Pops, Reversing Recent DOGE Losing Streak
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In brief

  • Dogecoin (DOGE) is leading all top 100 market cap tokens on Wednesday, jumping more nearly 15% in the last 24 hours.
  • Meanwhile, Bitcoin and Ethereum have jumped 7.7% and 10%, respectively.
  • Other meme coins like PEPE and BONK have also seen sizable price jumps in the last 24 hours.

Leading meme coin Dogecoin (DOGE) is up nearly 15% in the last 24 hours as Bitcoin’s jump to almost $74,000 has led to a strong rebound in crypto prices. 

Dogecoin is currently the largest gainer among the top 100 cryptocurrencies by market cap over the last day, per CoinGecko. By comparison, Bitcoin is up about 7.7% in the last 24 hours at $73,961, with Ethereum showing a 10% leap to $2,183.

The surge has helped recover DOGE losses from the last month, which now sit at just 6% as the token trades around $0.102. At that mark, the largest meme coin by market cap still sits inside the top 10 of all crypto tokens by that metric, according to data from CoinGecko. 

The pop culture token is also one of a handful of crypto assets with a spot ETF trading in the United States, having earned approvals from the SEC for issuers like Bitwise and Grayscale late last year. 

But those ETFs haven’t seen much action, with just more than $7 million in total inflows collectively since their inception, according to data from SoSoValue. That figure pales in comparison to the flows hitting Bitcoin and Ethereum ETFs, which have brought in more than $55 billion and $11 billion, respectively—albeit since 2024 for both.

Nevertheless, centralized exchange volumes for the asset place it right alongside some of the ecosystem’s biggest trading pairs, like on Binance where it generated more than $197 million in volumes in the USDT trading pair over the last 24 hours. That’s 50% higher than volumes for the BNB-USDT trading pair on the exchange, according to data from CoinGecko. 

Other popular meme coins have had a fruitful 24 hours as well, like Ethereum-based PEPE and Solana’s BONK, which have jumped 8.8% and 7.5% in the last 24 hours, respectively. The pair are now trading at $0.00000535 and $0.0000056.

The pair have helped buoy the meme coin category as a whole, which has only risen around 5% in the last day of trading. 

Another notable mover include last cycle’s meme coin darling Fartcoin (FARTCOIN), which has jumped nearly 12% to $0.18. At that price, though, the token sits around 93% below its all time high of $2.48 from January 2025. 

The day that Fartcoin achieved its all-time high, President Trump launched his official meme coin—TRUMP—on the Solana blockchain. And while most leading memes are posting outsized gains on the day, the President’s official meme coin is only up 1.2% in the last 24 hours, recently changing hands at $3.46. At that mark, the token is now more than 95% off its all-time high. 

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