Dogecoin (DOGE) has experienced a remarkable surge, becoming the sixth most valuable cryptocurrency with an impressive 80% increase in just seven days. This popular meme-inspired digital currency has surpassed Ripple’s XRP and USDC, achieving a market capitalization of over $41 billion, along with a staggering daily trading volume exceeding $20 billion. At its peak, dogecoin’s price reached as high as $0.30, reflecting renewed interest and enthusiasm among investors. This significant rally highlights the substantial influence of Elon Musk, whose support continues to drive dogecoin’s popularity and price surges within the crypto community and beyond.
