Dogecoin (DOGE) recently surpassed XRP in market capitalization. The price of DOGE has surged over 25% in just the past 24 hours, pushing the market cap of DOGE to 30.45 billion USD, briefly overtaking XRP before returning to the 8th position on the chart.
Source: Coinmarketcap
The leading memecoin has now surpassed the $0.2 mark for the first time since April.
However, this cryptocurrency is still down by 72% compared to the all-time high reached in 2021. The latest price surge coincides with some notable moves by whales. According to data from Whale Alert, 75 million Dogecoin (DOGE) tokens were recently transferred from Robinhood to an unidentified wallet.