Dogecoin News Today: Dogecoin Surges 25.5% as Altcoin Season Boosts Meme Coin Rally

Dogecoin (DOGE) and Shiba Inu (SHIB) are both under the spotlight as the altcoin season heats up, drawing attention from traders and investors seeking exposure to the meme coin rally. DOGE has demonstrated strong short-term performance, surging 8% in a single day and gaining 25.5% in a week, aligning with the broader altcoin rally that has also boosted XRP by 16.2% [1][2]. The token’s cultural appeal and liquidity make it a popular choice for retail investors, particularly those drawn to the meme-driven narrative that has historically fueled its gains [2].

Meanwhile, SHIB has shown a more subdued performance, with its price dipping to $0.000013 and struggling to break through the $0.000014 resistance level. Despite this, the project’s marketing lead, Lucie, remains optimistic, forecasting a potential market cap of $30–50 billion for SHIB, which could drive a broader bull run [3]. Short-term price predictions also suggest SHIB could reach $0.00001435 by mid-September [4], offering some hope for investors willing to take a longer view.

Both DOGE and SHIB are benefiting from a broader inflow of capital into the altcoin space, with some analysts suggesting that institutional interest may be playing a role in legitimizing meme coins and enhancing their performance [5]. However, the volatility and speculative nature of these tokens mean that retail sentiment and market hype continue to be key drivers of price action.

As the altcoin season unfolds, the competition between DOGE and SHIB highlights the unpredictable nature of the cryptocurrency market. While DOGE’s immediate price strength and strong community support give it an edge in the short term, SHIB’s ecosystem development and long-term growth narrative could position it for sustained success. Investors are closely watching how each project navigates the current bull cycle and whether either can maintain the momentum needed to lead the market.

References:

[1] Bitcoinist.com (https://bitcoinist.com/dogecoin-live-news-august-13-2025/)

[2] U.Today (https://u.today/dogecoin-doge-up-255-as-xrp-rockets-162-in-this-weeks-altcoin-rally)

[3] Coinspeaker (https://www.coinspeaker.com/will-shiba-inu-price-recover-during-the-altcoin-season-rally)

[4] Crypto (https://crypto.news/shiba-inu-shib-price-prediction-august-13-2025/)

[5] BeInCrypto (https://beincrypto.com/altcoin-season-peak-august/)