Exchange Ranking
Top Exchanges
24h Volume Ranking
Popularity Ranking
Exchange BTC Balance
Proof of Reserves
Decentralized Exchanges
Funding Rate
Funding Heatmap
Liquidation Data
Max Pain
Long/Short Ratio
Whale L/S Ratio
Binance/Okex/Huobi L/S
Bitfinex Margin L/S
ETF Tracker
Solana ETF
XRP ETF
Hong Kong ETF
Bitcoin Treasuries
Crypto Reversal
Ethereum Reserves
HyperLiquid Wallet Analysis
Hyperliquid Whale Watch
Large Transactions
On-chain Movement
Bitcoin ROI
Stablecoin Market Cap
Options Analysis
News
Articles
Economic Calendar
Features
Wallet
Contract Calculator
Security
Collections
Watchlist
Following
BTC 
DOGE 
ETH 
SOL Dogecoin has risen sharply, and the cryptocurrency market has regained momentum.
The cryptocurrency market has recently regained its vitality, and various digital assets, including Bitcoin, have seen significant increases. Among them, dogcoin performed particularly well, recording double-digit gains in a short period of time. This recovery trend is in sharp contrast to the fierce selling wave experienced in recent months.
Why did dog coins rise sharply?
Dogecoin rose 10%, trading at US$0.0771 at deadline. The digital currency continued its upward trend from a previous day's low of $0.069. Although its price climbed to a high of $0.078 in early trading on Thursday, it then rebounded slightly, highlighting the market's volatile but full of opportunities.
Billy Marcus, one of the co-founders of Dogecoin and now active under the pseudonym Shibetoshi Nakamoto, sparked heated discussions on social media. He shared a screenshot of the recent market jump and questioned the sustainability of this rally. Marcus asked: "Is cryptocurrency back? Is the nightmare of 2026 over?" This sparked discussions among cryptocurrency enthusiasts about the stability of market recovery.
How has the recent selling wave affected the market?
Since October last year, cryptocurrencies have continued to come under selling pressure, which has largely shaped the market landscape. Among them, the rapid market collapse led to the liquidation of US$19 billion in positions, making it one of the most impact events to curb risk appetite. Marcus mentioned 2026, highlighting the market's persistent doubts about the resilience of this rebound.
The chart shared by Marcus showed that assets such as Bitcoin, Ethereum, Solana and Dogcoin all rose, while the S & P 500 index rose only slightly 0.21%. This highlights the advantages of digital assets over traditional stock indexes in terms of short-term performance.
Dogecoin: A sharp increase of 10%, trading at US$0.0771.
The S & P 500 Index: Only up 0.21%, being far less responsive to the market than crypto assets.
Other cryptocurrencies: Bitcoin, Ethereum and Solana also rise in green in the screenshots.
Federal Reserve meeting minutes affect market sentiment?
Global investors also analyzed the minutes of the July Federal Open Market Committee meeting released by the Federal Reserve. Records show that most officials tend to keep rates unchanged, but some members support raising rates. This statement made the stock market react flatly, while the cryptocurrency market showed a significant recovery.
Although the current market trend is strong, there is still uncertainty whether it can continue to rise in the long term. Market observers expect a clearer picture of price trends in the coming weeks and even months. The questions raised by the co-founders of Dogecoin suggest that even with recent gains, it is still too early to conclude that the market has completely reversed.
