Dogecoin (DOGE), the largest meme cryptocurrency by market capitalization, had an incredibly successful week. While meme coins benefit the most from the crypto recovery, Dogecoin (DOGE) has become the best performer among all large caps. TON-based meme cryptocurrencies are leading the way in the small-cap scene with up to 70% gains overnight.
Dogecoin (DOGE) Adds 30% This Week, Market Cap Hits $30 Billion
Dogecoin (DOGE), the first mainstream coin and largest asset of its kind, has seen a price increase of almost 30% over the past seven days. The dog-themed crypto became the top weekly performer in the top 30 as its capitalization surpassed the $30 billion mark.
Today, November 9, 2024, DOGE price reached $0.21605, which is the highest in over seven months. Its market capitalization peaked at $30.9 billion.
The price of Dogecoin (DOGE) surged following the announcement that Spirit Blockchain Capital had acquired Dogecoin Holdings. Dogecoin Holdings is a company responsible for implementing Web3 solutions based on the Dogecoin (DOGE) blockchain.
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As the first proof-of-work cryptocurrency, a fork of Litecoin (LTC), Dogecoin (DOGE) lacks smart contracts functionality (programmability) by default. As such, this major milestone for Dogecoin Holdings could provide a boost to its adoption.
In the top 100 cryptocurrencies, the meme coin segment sends mixed signals. Neiro (NEIRO), the first ever coin whose contract was created by AI, added over 65% in a week. Its market capitalization exceeded $1 billion.
On the other hand, Popcat (POPCAT), the largest cryptocurrency on the list of “Murad meme coins”, is among the few coins that closed this incredible week for crypto in red – along with Mantra (OM), Tron ( TRX) and Kaspa (KAS). ).
Even TON pieces are making a comeback; HMSTR leads the parade
Optimism in the Dogecoin (DOGE) community is further catalyzed by bullish trends. DOGE Price prediction shared by macroeconomist Raoul Pal.
Among all meme coins, TON-based cryptos demonstrate the most impressive daily gains. HMSTR, the leading native cryptocurrency of the overrated tap-to-win Telegram app Hamster Kombat, surged more than 66% in 24 hours as whale activity increased.
Dogs (DOGS) and Resistance Dog (REDO) are up 26-27% each, while Notcoin (NOT), the largest TON meme cryptocurrency, added 16%.