Dogecoin Pumps 8.8% Past $0.2, Is DOGE Set for $1?

The past couple of weeks have sparked renewed excitement in the crypto space, especially for meme coins. In the past 24 hours alone, the meme coin sector has surged by 10.6%, bringing its total market cap to $63.2 billion. This rally has reinvigorated both long-time investors and newcomers, signaling a strong rebound from the quiet and volatile conditions that dominated Q1 2025.

At the center of this revival is the original meme coin itself, Dogecoin (DOGE). Up nearly 9% in the last 24 hours, DOGE is once again catching the eye of market analysts. After a relatively quiet start to the year, the asset has surged back with strong momentum, prompting renewed bullish sentiment across the board.

In this article, we’ll break down Dogecoin’s recent rally and look at what could come next. We’ll also explore how this renewed momentum is fueling the rise of emerging meme coins, some of which are raising millions during their presales and offering fresh opportunities for investors willing to explore the space.

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Dogecoin’s Recent Rising Momentum

Launched in 2013 as a light-hearted nod to a viral Shiba Inu dog meme, Dogecoin has grown to become the largest meme coin in the world, now boasting a market cap of over $30 billion.

However, 2025 didn’t begin on a high note for DOGE. The token fell sharply from $0.32 to a low of $0.14 by early March, a steep 56% correction. Yet, in recent weeks, Dogecoin has rebounded with strength. It’s now hovering over the $0.20 mark, representing a 42% recovery, with 20% of those gains coming in just the past two weeks.

Technical analysts and social media influencers have taken notice. Trader Tardigrade, who has over 73,000 followers on X, recently pointed out that DOGE appears to be breaking out of a 3-month descending trendline.

This momentum has sparked optimism, with analysts hopeful that DOGE could challenge its previous all-time high of $0.70, potentially setting the stage for a run toward the much-anticipated $1 milestone.

Still, Dogecoin’s history of sharp ups and downs cannot be ignored. While this rally could mark the beginning of a sustained run, others are more cautious. A recent TradingView analysis on the 1-week timeframe shows DOGE approaching a potential resistance zone, placing the token in a “sell” zone.

Despite its strong community and brand recognition, DOGE still faces criticism for its limited utility. It remains a speculative asset, with price movements often driven by hype and sentiment rather than fundamentals.

That said, the broader meme coin market is evolving. Several new presale projects are not only gaining traction but also promising real-world utility. These emerging tokens may present more upside potential, especially for early adopters looking beyond DOGE’s established status.

Two Emerging Meme Coins to Watch Closely

While Dogecoin continues to attract attention, two up-and-coming meme coin presales are quietly gaining ground. Both aim to bring innovation and utility to the meme coin space, offering features that DOGE doesn’t currently provide.

MIND of Pepe (MIND)

MIND of Pepe (MIND) is quickly gaining attention as one of the most talked-about meme coins in 2025. Even as the meme coin market faced headwinds, MIND raised over $7.6 million in presale, reflecting strong investor demand. Its standout feature is its plan to combine meme coin appeal with AI-driven tools, offering more utility than traditional tokens like Dogecoin.

The platform will feature a self-evolving AI agent designed to analyze real-time data, interact with influencers, and deliver insights. While these features are still under development, the project roadmap outlines ambitious goals.

Crypto analyst Austin Hilton notes that beyond its utility, MIND token holders can already benefit through staking. With a 295% APY (annual percentage yield) and over 1.1 billion tokens staked, it’s attracting attention. With strong early support and unique functionality, MIND of Pepe may become a breakout contender in the meme coin world.

Visit MIND of Pepe

Meme Index (MEMEX)

Meme Index (MEMEX) brings a fresh concept to the meme coin space by aiming to launch a decentralized index of meme tokens. The goal is to help reduce volatility while offering diversified exposure. Unlike Dogecoin’s single-asset model, MEMEX allows users to invest across multiple meme coins in structured baskets.

Its flagship Meme Titan Index will include top tokens like DOGE, SHIB, and PEPE. The other three upcoming indexes, Moonshot, Midcap, and Frenzy, will cater to different risk levels. Token holders will also play a role in governance, voting on index composition and platform updates.

Crypto YouTuber ClayBro recently stated that MEMEX could offer up to 10x returns amid a meme coin resurgence. The presale has raised $4.2 million, with staking live at 545% APY and 183 million MEMEX tokens already staked. For those bullish on meme coins as a category, MEMEX offers a structured and potentially high-reward approach.

Visit Meme Index

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