Dogecoin Soars 18%, Reaches New Market Cap of Over $35 Billion

Dogecoin has seen a remarkable surge in value, soaring by 18% in a single day to reach a new market capitalization exceeding $35 billion. This impressive rise is largely attributed to significant trading activity, suggesting strong bullish sentiment within the crypto market. While its origins as a meme coin are undeniable, Dogecoin’s current performance showcases its enduring appeal and growing presence among major cryptocurrencies. The surge reflects increased investor confidence in this once playful digital currency.