Bitcoin Just Set an All-Time High Price—But Dogecoin Is Up Even More
Bitcoin reached a new all-time high of approximately $109,500, with a recent increase of 4%. Dogecoin (DOGE) experienced a 6% rise, trading over $0.23, making it the top gainer among the top 20 cryptocurrencies. The SEC's decision to delay a ruling on a DOGE-based exchange-traded fund contributed to this surge. Over the past 30 days, Dogecoin's price has increased by nearly 44%. Grayscale's Head of Research noted that many altcoins are undervalued due to changes in the U.S. regulatory landscape. Dogecoin, launched in 2013 as a meme coin, gained popularity through endorsements from Elon Musk. Other meme coins also saw significant gains, with Trump's Official Trump up over 10% and Fartcoin nearly 12%. Despite recent gains, Dogecoin remains 68% below its all-time high of $0.73 from 2021.
