Meme coins are rising again after the Thanksgiving holiday in the United States, with Dogecoin (DOGE) and other meme-themed tokens jumping as Bitcoin (BTC) tests a return to $99,000 after nearly a week spent below that mark.
Dogecoin, the original and most valuable meme coin by market cap, is currently priced at $0.42, rising by 7% on the day per data from CoinGecko. DOGE last hit this mark on November 25 and had been below it in the days since.
Like other meme coins, DOGE is famously volatile and can see wild daily swings. But it’s still up huge in recent weeks, jumping by 149% in price over the last 30 days amid famed backer Elon Musk’s support of Donald Trump—and Trump’s election win as a pro-crypto candidate. Dogecoin hit a three-year high price of $0.475 last Saturday.
Major meme coins are broadly up over the past day, with Popcat (POPCAT) rising 12%, Bonk (BONK) up 13%, and Brett (BRETT) and
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Author: Andrew Hayward
