Dogecoin Surges 12% as Memecoins Lead Crypto Market Rally
Dogecoin ($DOGE ) is back in the spotlight, jumping over 12% in the past 24 hours as memecoins spearhead a surprising mini rally in the crypto market. The broader market also saw green, with Bitcoin hovering around $68,000 and Ethereum up 4% at $3,650.
Alongside Dogecoin, other memecoins like Shiba Inu ($SHIB ) and Pepe ($PEPE ) also gained momentum, up 8% and 14% respectively. The surge reflects a broader return of risk-on sentiment in crypto, especially among retail traders looking for quick upside.