Dogecoin has posted a notable weekly gain, with DOGE trading around $0.08974 and up 8.56% over the past seven days, according to CoinMarketCap. The token's market capitalization stood near $15.39 billion, while 24-hour trading volume reached approximately $904.6 million. The move has placed Dogecoin ahead of other large meme tokens on the weekly chart, with Shiba Inu up 7.81%, Bonk up 5.95%, and Pepe up 0.81%.
Technically, trader Tardigrade highlighted that DOGE repeatedly tested the 0.618 Fibonacci level around $0.081 and held it as confirmed support before rebounding. This repeated defense of the same price area suggests buyers are stepping in, giving DOGE a stronger short-term structure. However, the data does not yet confirm a full trend reversal.
Broader memecoin season remains uncertain. Trader Darkfost noted that memecoin dominance as a share of total altcoin market cap is at an all-time low, meaning interest has rarely been this weak. While some meme tokens are beginning to wake up, the recovery is not yet broad across the market. The total market cap of top meme tokens stands at about $31.41 billion, down 0.82% over 24 hours, while volume fell 22.44% to around $3.33 billion, indicating traders remain selective.
