The global crypto market has experienced a 3.27% decrease, resulting in a total market capitalization of $2.9 trillion, while the 24-hour trading volume has fallen by 3.69% to $307.23 billion. Dogecoin (DOGE) is currently trading at $0.3842, with its 24-hour trading volume showing a significant surge of 35.34%, reaching $36.67 billion. Although DOGE experienced a slight daily dip of 6.55%, its market capitalization remains robust at $56.39 billion, securing its position as the sixth-largest cryptocurrency.
In the past 24 hours, Dogecoin surged by 51.94%, reaching an intraday high of $0.4198, marking its highest level in over three years. This rally has propelled Dogecoin’s year-to-date gains above 140%, driven by major market-moving events, including Donald Trump’s election victory and an unexpected rate cut by the Federal Reserve.