Dogecoin News Today: Dogecoin Surges 22% Outperforming Shiba Inu and Pepe

Dogecoin, the largest memecoin by market capitalization, has recently demonstrated a strong bullish market structure, surpassing the $0.2 resistance zone. This performance is notable as Dogecoin's market capitalization stands at $35.8 billion, significantly higher than the second-largest memecoin, Shiba Inu, which has a market capitalization of $8.67 billion. This disparity highlights the substantial valuation of community-driven memecoins within the cryptocurrency world.

Over the past week, Dogecoin experienced a 22% rally, outperforming Shiba Inu and Pepe, which saw gains of 12.5% and 8.7% respectively. This performance underscores Dogecoin's leadership in the memecoin sector, despite being outperformed by other coins like Bonk. The question remains whether this rally will continue to strengthen.

On-chain metrics indicate that Dogecoin holders have been increasingly profitable since May, with old tokens that had not been moved in months showing increased activity. The mean coin age and MVRV metrics have trended downward over the past two months, suggesting that holders over the past 180 days are, on average, at a 15% profit. This profitability has contributed to the falling mean coin age as holders take profits.

The HODLer net position change shows that the monthly position change of long-term investors has been positive for most of 2025, although it has slowed down over the past month. This longer-term accumulation is seen as a bullish sign for Dogecoin. The 1-day price chart also shows a bullish structure, with daily trading volumes well above average over the past ten days. Dogecoin has reclaimed the mid-range level at $0.196 as support and surged toward the range high at $0.25, testing this resistance recently but pulling back slightly.

The RSI indicates bullish momentum, although the CMF shows reduced capital inflows over the past 24 hours. For the rally to continue, Dogecoin traders and investors will be looking for the $0.25 range high to be flipped to support, which would increase the chances of a successful breakout and offer a buying opportunity.

In summary, Dogecoin's recent performance has outshone that of Shiba Inu and Pepe, reflecting its growing popularity and investor interest. The broader cryptocurrency market's bullish sentiment, driven by regulatory developments and overall market trends, has contributed to the positive performance of meme coins and other altcoins. As the market continues to evolve, it will be interesting to see whether Dogecoin can sustain its gains and maintain its position as a leading meme coin.