Dogecoin Price Jumps to Weekly High After Bitcoin Smashes $100K Milestone

Dogecoin is having a fine day with Bitcoin above $100,000, with the original meme coin rising by 9% and hitting a weekly peak.

Dec 5, 2024

2 min read

Shiba Inu, Dogecoin's mascot. Image: Shutterstock

Dogecoin, the original and most valuable meme coin by market cap, jumped to a weekly high price of nearly $0.46 after top cryptocurrency Bitcoin finally surged above the long-awaited $100,000 milestone late Wednesday.

And while DOGE has dipped slightly since that weekly peak, it remains the biggest gainer among the top 10 cryptocurrencies by market cap, not to mention the hottest meme coin in the top 100 coins per data from CoinGecko.

Dogecoin is currently sitting at a price of $0.4518, down slightly from the $0.458 high seen just after midnight ET on Thursday. Even so, DOGE is up by more than 9% on the day, beating Bitcoin's 7% jump and Ethereum's 5% rise.

DOGE

-1.94%$0.1930

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DOGE price

While Dogecoin's gains have cooled over the last couple weeks, the coin has still marked impressive gains since Donald Trump's election win last month, now up 163% in the last 30 days.

Bitcoin continued to rise after smashing past the $100K mark for the first time ever late Wednesday, peaking at $103,679. It remains less than 1% from that point at a current price of $102,447, with a 30-day gain sitting at 49% as of this writing.

Other high-cap meme coins are also up today, but nearly as much as DOGE, with Shiba Inu (SHIB) rising by nearly 6% over the past 24 hours and Pepe (PEPE) at a 7.5% jump.

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