Dogecoin Leads Meme Token Rally Amid Broader Market Weakness

Dogecoin's price has increased by 8% in seven days, reaching $0.08974 according to CoinMarketCap.

This is a notable move at a time when memecoin interest remains weak across the wider altcoin market.

The same data shows that Dogecoin's market value is about $15.39 billion and its 24-hour trading volume is near $904.6 million.

Dogecoin is ahead of several other large meme tokens on the weekly chart, with Shiba Inu up 7.81%, Bonk up 5.95%, and Pepe up 0.81%.

The wider memecoin market is not moving as one, with a total market value of about $31.41 billion and 24-hour volume around $3.33 billion.