Dogecoin Leads Meme Coin Rally With 27% Pump – Can DOGE Reach $1?

The meme coin bull run is officially here, with the sector witnessing a massive resurgence. Over the past two days meme tokens have surged by over 20%, pushing the category’s total market capitalization to nearly $70 billion.

At the forefront of this rally is Dogecoin (DOGE), which is now up 27% from this time last week. This dramatic uptick has reignited interest among retail and institutional investors alike, as DOGE reclaims its place as the leader of the pack.

With bullish momentum spreading throughout the market, could Dogecoin finally cross the elusive $1 mark?

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DOGE Soars By 47% in 30 Days – Can it Reach $1?

Launched in 2013 as a playful spin on the viral “Doge” meme, Dogecoin has evolved into the world’s largest meme coin by market cap, currently valued at $31 billion and ranked 9th among all cryptocurrencies.

Despite its status, DOGE hasn’t been immune to volatility. The coin fell from $0.316 on January 1, 2025, to a low of $0.14 in early April, marking a steep 55.7% correction. However, the tide has turned, and DOGE managed to gain 47% in the last month alone, with 27% of those gains coming in just the past week. DOGE currently sits at $0.23.

This renewed momentum was bolstered by the announcement from House of Doge, the Dogecoin Foundation’s new corporate arm, which launched the Official Dogecoin Reserve with a 10 million DOGE purchase. This further reaffirms the project’s ambition to establish DOGE as a mainstream decentralized payment currency.

Technical analyst Aegon suggests that DOGE is potentially breaking out of a three-year symmetrical triangle pattern, often considered a precursor to significant bullish movement. He claims setups like these could spark up to a 500% rally, possibly sending DOGE beyond the much-hyped $1 threshold.

Adding to the optimism, DOGE currently holds a ‘Buy’ signal on the 1-month chart per TradingView’s analysis, further validating bullish sentiment.

That said, Dogecoin’s long-term narrative has historically relied more on hype and virality than actual utility, and its massive market cap also leaves limited room for exponential growth compared to newer tokens.

This means traders often look for emerging lower cap meme coins for the biggest gains, and one that’s been catching eyes of late is the new project MIND of Pepe.

MIND of Pepe (MIND) Raises Almost $9M in Presale: Next Breakout Meme Coin?

While Dogecoin continues to dominate the meme coin hierarchy, MIND of Pepe (MIND) has established its presence with an impressive presale campaign, raising $8.9 million so far. Unlike most meme coins, MIND is positioning itself as a powerful intersection between viral meme appeal and functional AI utility.

At its core, MIND of Pepe is developing a self-evolving AI agent capable of scanning vast amounts of crypto data, engaging autonomously with social platforms and influencers, and offering real-time, actionable insights.

Through hive-mind analysis and decentralized engagement, MIND aims to become a strategic tool for navigating Web3. Additionally, it plans to generate its own set of tokens, accessible only to MIND holders, further boosting its ecosystem value.

One major advantage MIND holds over traditional meme coins is its staking utility, currently offering a 255% APY (annual percentage yield), with 1.3 billion tokens already staked. This adds a passive income layer that top meme coins like DOGE don’t provide.

Crypto analyst ClayBro, with over 136K followers, recently highlighted that both meme coins and AI-related crypto searches are peaking, stating that MIND of Pepe is well-positioned to ride both trends. With soaring presale demand and AI-driven goals, MIND stands out as a fresh, utility-backed alternative in the meme coin arena.

This publication is sponsored. CryptoDnes does not endorse and is not responsible for the content, accuracy, quality, advertising, products or other materials on this page. Readers should do their own research before taking any action related to cryptocurrencies. CryptoDnes shall not be liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with use of or reliance on any content, goods or services mentioned.

Nikolay

Nikolay is a crypto enthusiast, with a keen interest in emerging technologies and investment strategies. He holds active positions across various crypto exchanges, regularly analyzing and investing in promising new projects and meme cryptos. Nikolay is known for his ability to take calculated risks and extract value from unconventional investments, with his highest return being 13X with the $PEPE token. His investment philosophy includes a strategic approach focused on long-term growth, supported by in-depth research of market trends and innovations in crypto and blockchain technologies. Niki actively monitors global market changes and has a deep understanding of cryptocurrency mechanisms and their potential for development.