$DOGE Rockets Toward $0.20 as Meme Coin Mania Surges 🚀🐶
Dogecoin surged to $0.1990 on Friday, riding the meme coin wave that’s outperforming the broader crypto market. While it slightly cooled off, the momentum signals strong retail appetite and risk-on sentiment.
🔹 DOGE Open Interest hits $2.65B
🔹 24h trading volume: $7.20B
🔹 Shorts lost $10M — longs $3M
🔹 Long-to-short ratio > 1.0 — 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.
📊 Technicals remain strong:
• 50-day EMA: $0.1725
• 100-day EMA: $0.1748
• 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 it’s not just a joke — it’s a full-on momentum trade.