Dogecoin (DOGE) experienced a sharp 116% spike in spot flows within a 24-hour window at the start of August, as reported by Coinglass and shared by U.Today. Despite the surge, the meme coin remains 90% below its all-time high of $0.7376, trading around $0.068. The data showed $30.83 million in inflows against $30.27 million in outflows, with support building at $0.066 and resistance stacking near $0.078.
Adding to bullish sentiment, SpaceX’s DOGE-1 CubeSat mission—fully funded by Dogecoin payments—is scheduled to launch on September 14, 2026, according to TheStreet. The mission, delayed since 2021, will carry the Dogecoin name to the lunar surface. Two spot ETFs (REX-Osprey’s DOJE and 21Shares’ TDOG) now offer institutional investors direct exposure ahead of the launch. Historically, Elon Musk’s public endorsements have fueled DOGE rallies; a $1,000 buy at $0.003 in 2019 would have peaked at $246,000.
Meanwhile, a lesser-known meme coin presale, Pepeto, is quietly amassing capital. Built by the same creator behind the original Pepe coin, Pepeto has raised $10.56 million at a presale price of $0.0000001886. The project offers 166% APY staking and plans to launch a zero-fee cross-chain exchange, PepetoSwap, alongside an audited token scanner. A former Binance operations lead is overseeing the planned exchange listing, fueling speculation of triple-digit returns post-listing. While Dogecoin’s large market cap limits upside magnitude, early Pepeto buyers are betting on a 100x scenario once trading opens.