Bitcoin

Dogecoin

ORDI

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The price of Dogecoin (DOGE), the leading meme cryptocurrency, recently spiked by more than 10%, according to data provided by&nbsp;<a href="https://www.coingecko.com/" rel="noopener noreferrer nofollow">CoinGecko</a>.
The Bitcoin parody peaked at $0.1975 earlier this Sunday, and it is currently changing hands at $0.195.
Dogecoin is (by far) the best-performing cryptocurrency in the top 20, outstripping Shiba Inu (SHIB), its top competitor. In fact, DOGE is the fifth best-performing cryptocurrency in the top 20. Only Ethena (ENA), Fantom (FTM), ORDI (ORDI) and eCash (XEC) are above in terms of 24-hour gains.
After the most recent price spike, the top meme coin is now closing in on XRP. The latter is only up a modest 0.9% over the past 24 hours. The two cryptocurrencies are currently valued at $32.8 billion and $28 billion, respectively, according to data provided by CoinGecko.
More than $5 million worth of Dogecoin shorts have been liquidated over the past 24 hours, according to CoinGlass. They account for the vast majority of liquidated positions ($6.42 million).
The meme coin was one of the most traded cryptocurrencies, generating $2.3 billion in 24-hour trading volume.
As&nbsp;<a href="https://u.today/dogecoin-eyeing-key-level-ahead-of-monthly-close" rel="noopener noreferrer nofollow">reported by U.Today</a>, the Dogecoin price managed to score a monthly close above the pivotal $0.20 level, potentially turning it into support. This could set the stage for a potential surge to $0.30. In 2024, the meme coin has already managed to double its price. Meanwhile, the aggregate value of joke cryptocurrencies has nearly&nbsp;<a href="https://twitter.com/intotheblock/status/1776867667338543307" rel="noopener noreferrer nofollow">tripled</a>.
That said, Dogecoin's bullish momentum might be fragile. According to recent IntoTheBlock data, Dogecoin is showing mostly negative on-chain signals, with indicates that are based on net network growth and large transactions currently being in the red.

Dogecoin (DOGE) Comes Closer to Surpassing XRP

U_Today

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