Dogecoin led a broad cryptocurrency market rally on Wednesday, surging nearly 15% in 24 hours as Bitcoin approached $74,000. The leading meme coin’s jump outpaced gains by major assets like Bitcoin and Ethereum, which rose 7.7% and 10% respectively. Other meme tokens, including PEPE and BONK, also posted significant increases amid the market rebound.
Dogecoin is the largest gainer among the top 100 cryptocurrencies by market cap over the last day. Bitcoin traded at $73,961 while Ethereum reached $2,183 during the rally.
The surge helped recover DOGE’s monthly losses, now at just 6% as the token trades around $0.102. It remains a top 10 crypto token by market cap according to data from CoinGecko.
Dogecoin is among the few crypto assets with a U.S. spot ETF, approved for issuers like Bitwise and Grayscale late last year. Those ETFs have seen just over $7 million in total inflows collectively since their inception, according to data from SoSoValue.
Centralized exchange volumes for Dogecoin remain substantial, generating more than $197 million in the USDT trading pair on Binance alone. That volume is 50% higher than the BNB-USDT trading pair on the same exchange.
Other popular meme coins posted gains, with PEPE and BONK jumping 8.8% and 7.5% respectively. The pair now trade at $0.00000535 and $0.0000056.
Notable mover Fartcoin (FARTCOIN) jumped nearly 12% to $0.18. The token remains approximately 93% below its all-time high of $2.48 from January 2025.
President Trump’s official meme coin, TRUMP, gained only 1.2% in the last 24 hours to $3.46. This puts the token more than 95% below its all-time high.
