DOGE (Dogecoin) rose 5.79% in 24 hours

Gate News Bot news, September 12, according to CoinMarketCap data, as of the time of writing, DOGE (Dogecoin) is currently priced at 0.26 USD, up 5.79% in the last 24 hours, with a high of 0.26 USD and a low of 0.21 USD. The current market capitalization is approximately 39.006 billion USD, an increase of 2.134 billion USD compared to yesterday, currently ranked 8th in market capitalization.

Dogecoin is an open-source peer-to-peer digital currency that was originally created as a joke but has now become a popular cryptocurrency. The core of Dogecoin is a highly secure decentralized system that utilizes blockchain technology, maintained by a network of computers known as nodes that manage a public ledger. The Dogecoin community is known for its friendliness, mutual support, and humor, adhering to the unofficial slogan "Do Only Good Everyday."

Important recent news about DOGE:

1️⃣ The market heat has surged to third place In the cryptocurrency popularity ranking on September 10, 2025, DOGE ranked third, only behind Bitcoin and Worldcoin. This phenomenon reflects the widespread attention DOGE is receiving in the market, which may have driven its recent price rise. High popularity is often associated with increased trading volume and price volatility, bringing more market participation to DOGE.

2️⃣ Institutionalization Increase The House of Doge, under the Dogecoin Foundation, announced a strategic partnership with Bitstamp, which will be responsible for the custody of DOGE treasury assets. This collaboration not only enhances the institutional level of DOGE but also provides more professional support for its asset management, helping to strengthen investor confidence.

3️⃣ Altcoin market leads the rise DOGE has risen 5.1% in the past 24 hours, leading the altcoin market. This performance may have been driven by the proposal of a Dogecoin ETF plan by REX Shares. As a barometer of market sentiment, DOGE's strong performance may indicate a broader recovery in the cryptocurrency market.

From a technical perspective, the DOGE price has recently fluctuated between $0.21 and $0.26. Considering its market popularity, institutional partnerships, and leading position among altcoins, DOGE may continue to maintain its upward momentum. However, investors should remain cautious of rapid changes in market sentiment and potential adjustment risks.

This message is not intended as investment advice; investors should be aware of market volatility risks.