With Bitcoin (BTC) rebounding from the local bottom to below $90,000, the cryptocurrency sector is recovering. Top-tier meme coins are recovering faster than their competitors, while some dog-themed cryptocurrencies are posting double-digit gains today.
Dogecoin (DOGE) is outperforming all large-cap cryptocurrencies today
Today, January 14, 2025, Dogecoin (DOGE), the largest meme cryptocurrency, added more than 11%, rising from $0.31 to more than $0.355. CoinGecko data indicates that the market cap of Dogecoin (DOGE) rose by more than $52 billion as the first meme coin became the fastest growing asset in the top 25.
In the top 50 cryptocurrencies, Dogecoin (DOGE) is only bested by veteran PoW coin Kaspa (KAS) and Hyperliquid (HYPE), an EVM blockchain that recently launched on the mainnet.
Other large coins are also in green today. Shiba Inu (SHIB) rose 5% to $0.00002148, while Floki (FLOKI) rose 5.1%. With a 5.3% rise, Pepe (PEPE) returned to the top 30 cryptocurrencies by market cap with its price reaching $0.00001736.
After recovering from yesterday's collapse, the market index for the cryptocurrency sector today added 3.4%, while Bitcoin (BTC), the largest cryptocurrency, rose by 4.6%.
AI16Z, PENGU among top performers, BRETT targets top 100
With the price of Bitcoin (BTC) rising again to over $96,600, the orange coin is one step away from achieving the crucial $2 trillion value.
Smaller cryptocurrencies have more impressive gains. Ai16Z (AI16Z), the meme cryptocurrency linked to an AI-run investment DAO, jumped 25% and touched $1.30.
Pudgy Penguins (PENGU), an NFT-related meme cryptocurrency, rose in value by 11%. PENGU's market capitalization exceeded $2 billion today.
Brett (BRETT), the first mainstream meme on Base, is ready to return to the top 100 cryptocurrencies list, with a 5.2% rise in 24 hours.
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