Dogecoin Climbs 11% as Meme Coins Shine

Dogecoin is making waves once more, with an impressive surge in the last 24 hours, continuing a rally that began earlier this week. The meme coin’s resurgence has been bolstered by increasing attention on AI-related tokens and renewed optimism in the crypto market.

Currently trading at $0.385, Dogecoin has reached its highest price since December 18, bouncing back from a late-December dip below $0.27. The token has climbed 19% since the start of 2025, marking a robust recovery after a challenging end to 2024.

Dogecoin’s rise comes amid heightened visibility, driven by influential supporter Elon Musk’s vocal backing of Donald Trump during his campaign and subsequent election win. This momentum pushed DOGE to a three-year peak of $0.48 in December.

Meanwhile, Bitcoin and Ethereum are experiencing more modest gains, with BTC edging up 1% to $99,275 and ETH climbing over 3% to nearly $3,700.

The renewed strength in meme coins and broader market optimism suggests that 2025 could hold exciting developments for cryptocurrency enthusiasts.