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According to the latest market stats, the original meme coin dogecoin ($DOGE) leapt 6.6% against the U.S. dollar on Saturday and stacked up a weekly gain of more than 34%. The pioneer of the meme coin craze touched an intraday peak of $0.30, crossing that mark for the first time since early February 2025.
Dogecoin Price Jumps 34% in a Week, Breaking Key Resistance Levels
Meme coins as a pack are strutting this weekend, with the entire sector climbing 9.7% to hit $92.2 billion. Leading the charge is dogecoin ($DOGE), the first and most famous of them all, notching a 6.6% boost in the past 24 hours. By 2 p.m. Eastern, one $DOGE fetched $0.287 per coin. After tagging $0.3068 on Binance, however, a quick sell-off clipped the rally.
The current price of about $0.28 per $DOGE gives dogecoin a market cap of roughly $43.45 billion. That means $DOGE alone commands 47.12% of the $92.2 billion meme coin market. Beyond Saturday’s bump, $DOGE has climbed 34.6% in the past week, and its 12-month stats show a hefty 167% gain against the greenback. Even so, at $0.28 per coin, dogecoin still needs to rally more than 60% to revisit its all-time high of $0.7316 set on May 8, 2021.
Some of the bullish fuel behind $DOGE includes the recent REX-Osprey Dogecoin exchange-traded fund (ETF) dubbed DOJE, and Cleancore’s move to add $DOGE to its treasury. Onchain data also shows whales stockpiling more $DOGE, while the meme coin managed to push past both its weekly simple moving average (SMA) and its monthly SMA during the charge toward $0.30.
Dogecoin’s recent performance hints at a renewed appetite for risk in the meme coin sector, with institutional nods and whale activity amplifying its momentum. While history reminds investors of lofty peaks, current moves suggest $DOGE’s narrative is far from finished, keeping markets intrigued. Joining its canine cousin, shiba inu (SHIB) — the second-largest meme coin by market cap — has wagged its way to a 15% gain this week.