Data shows Dogecoin has now become the 8th largest crypto by market cap, after displacing Cardano from the spot.
Dogecoin Market Cap Hits More Than $15 Million After The Price Surge
The past week has been incredible for DOGE after what had been many months of lackluster sideways performance.
At the time of writing, the memecoin’s price is trading around $0.116, up 96% in the last week. Here is a chart that shows the recent trend in the value of the crypto:
The price of the coin seems to have blown up over the last couple of days | Source: DOGEUSD on TradingView
As you can see in the above graph, Dogecoin has observed some sharp upwards momentum during recent days.
Though, while the weekly gains of the crypto are incredible, the last 24 hours haven’t been so kind to it. In this period, the original memecoin has taken a beating of around 13%.
There had been some signs of whales preparing to dump…
