$DOGE Rockets Toward $0.20 as Meme Coin Mania Surges ๐๐ถ
Dogecoin surged to $0.1990 on Friday, riding the meme coin wave thatโs outperforming the broader crypto market. While it slightly cooled off, the momentum signals strong retail appetite and risk-on sentiment.
๐น DOGE Open Interest hits $2.65B
๐น 24h trading volume: $7.20B
๐น Shorts lost $10M โ longs $3M
๐น Long-to-short ratio > 1.0 โ bulls in control
Meme coins rose 12%+ in 24h, beating both smart contract platforms (+6.2%) and Layer-1s (+6.1%). As Bitcoin hit a new ATH of $118,869, investors appear to be rotating profits into high-volatility plays like DOGE.
๐ Technicals remain strong:
โข 50-day EMA: $0.1725
โข 100-day EMA: $0.1748
โข 200-day EMA: $0.1818
Dogecoin sits well above all three, signaling strong bullish continuation unless heavy profit-taking kicks in.
DOGE is once again proving itโs not just a joke โ itโs a full-on momentum trade.