🐶 Dogecoin$DOGE Surges as Memecoin Momentum Returns!

June 12, 2025

Dogecoin (DOGE),$DOGE the iconic memecoin, is back in the spotlight today with a sudden 9% surge in the last 24 hours, trading around $0.094 at press time. The price spike comes amid renewed interest in meme-driven cryptocurrencies and rising activity on social media platforms like X and Reddit.

This surge follows a tweet by Elon Musk late last night referencing Dogecoin as the “currency of fun,” reigniting speculation around DOGE’s future use in X payments. In addition, increased whale accumulation has been observed, with over 250 million DOGE moved to private wallets since Monday.

DOGE’s market cap now stands at $13.5 billion, pushing it back into the top 10 cryptocurrencies by market capitalization.

With retail investors showing signs of returning to the memecoin market, DOGE could be set for another explosive run—especially if broader crypto momentum continues through June.

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