#MarketDownturn

In a new market shift, Dogecoin (DOGE) surged by 14% over the past 24 hours, reaching a four-month high at $0.1684, with its trading volume up by 119%. This rise comes as Bitcoin surpassed the $71,000 mark, renewing interest in meme coins, with DOGE standing out as a major player.

This impressive performance isn’t limited to Dogecoin alone. Other meme coins have benefited from this trend as well. Shiba Inu (SHIB) rose by 9%, PEPE saw an 8% increase, and coins like Wall Street Inu Finance (WIF) and POPCAT climbed by 9% and 11%, respectively. Another dog-inspired coin, FLOKI, also achieved a 9% gain.

Summary:

Dogecoin jumped 14% to a four-month high, driven by Bitcoin’s rise past $71,000, sparking renewed interest in meme coins. Other meme tokens like Shiba Inu, PEPE, Wall Street Inu Finance, POPCAT, and FLOKI also recorded gains between 8-11%.