Dogecoin, the initial meme coin, has entered rally mode. According to data from CoinMarketCap, DOGE, currently ranked No. 9 by market cap, is trading at $0.1405, up 9.01% over the past 24 hours. Dogecoin’s total supply stands at 168.16 billion DOGE, highlighting elevated trading activity behind the price move. The fully diluted valuation (FDV) matches the market cap at $23.63 billion, with a strong volume-to-market-cap ratio of 14.44%. Despite
Bitcoin struggling to regain momentum in the first days of 2026, meme coins have seen a massive spike in trading volume. The Crypto Fear & Greed Index remains in the “Fear” zone, although it appears to be moving toward the “Neutral” direction. 2026 crypto rally: still possible? The new year opened with a surge of activity in the meme coin sector, led by Dogecoin. On January 1, DOGE recorded an 11.96% jump in futures open interest, signaling renewed speculative interest and growing optimism among traders. Open interest reflects the total value of active futures contracts and is often used as a proxy for market confidence. Data from CoinGlass shows that roughly 3.58 million DOGE tokens were added to the futures market within 24 hours, pointing to a sharp rise in leveraged positioning.
