$DOG Surges 31%, Reclaims $800M Market Cap, Ranks 104th on CoinMarketCap

Jun 12, 2024, 08:10 PM

The cryptocurrency $DOG has experienced a significant surge, climbing 31% in value and reclaiming an $800 million market cap. This upward trajectory has propelled $DOG to the 104th position in global cryptocurrency rankings, with expectations to break into the top 100 soon. The $DOG community, known for its strong belief in the coin's potential, has been actively promoting and accumulating $DOG, anticipating further growth. The recent price movement follows a broken parabola trend on June 6th and a predicted retracement to $0.0060. Analysts suggest that if $DOG breaks out from its current descending triangle, it could reach $0.0082, equating to an $820 million market cap. The coin's performance is notable as it has achieved these milestones without a tier-1 CEX spot listing, indicating strong community support and market interest.