Dogecoin has experienced a significant surge in its market value, with a remarkable journey from a $10 billion to a $100 billion market cap within just four weeks. The cryptocurrency, often referred to as the 'Bitcoin of memecoins,' has broken out of a 600-day range, indicating a potential memecoin supercycle. Despite the rise of other meme coins, Dogecoin's performance has been notable, with predictions of it reaching $1, a milestone that would align its market cap with major companies like Pfizer, American Express, Morgan Stanley, Nike, Philip Morris, UPS, Goldman Sachs, and others. Currently, Dogecoin's price has hit 16 cents, after being at 15 cents, nearly doubling from the previous week, and has seen a 100% increase year-to-date, bringing its market capitalization to $23 billion.
Dogecoin is up 100% YTD to a market capitalization of $23 billion Smoke 'em if you got 'em $DOGE https://t.co/Q2b1fruN2w
Dogecoin is up 100% YTD Smoke 'em if you got 'em $DOGE https://t.co/19te6DK2SD
$doge just hit 16 cents. #dogecoin https://t.co/NpbtN2eH45
$DOGE IS PUMPING HARD 🚀 https://t.co/wpE0LmBkvt
What's going on with Dogecoin? It's nearly doubled from just last week.... https://t.co/9wi5GBfHMc
$DOGE I’m beginning to see $1 calls on Dogecoin again. That’ll put its market cap right there with Pfizer, American Express, Morgan Stanley, Nike, Philip Morris, UPS, Goldman Sachs, etc. What a time to be alive!
hi friends this is not a drill #dogecoin is at 15 cents 🤩🤩🤩 https://t.co/wunlkrFsH4
I can’t believe doge is gonna hit $1 https://t.co/3dNNLC2m3L
I'm surprised Dogecoin hasn't gone up as much compared to some of the meme coins. It's the Bitcoin of memecoins.
last cycle it took dogecoin just four weeks to go from $10B market cap to $100B market cap, & it's currently breaking out of a 600day range - all midcap memes ceilings just get more ridiculous the higher this goes Memecoin Supercycle https://t.co/le9awisMev