Top Gainer: DOG Makes Its Way into the Prestigious Top 100 Cryptocurrencies List
In a day filled with chaos for the cryptocurrency market, the meme coin “Dog Go to the Moon” (DOG) has emerged as the standout performer, solidifying its position among the top 100 cryptocurrencies.
According to data provided by CoinMarketCap, DOG has experienced an impressive surge of 20% in the last 24 hours, in stark contrast to the broader market, which has suffered a significant decline of 38.74% during the same period. This surge has propelled DOG to become the biggest gainer among the top 100 crypto assets.
DOG price – June 4 | Source: CoinMarketCap
The rise in price has led the asset to reach an all-time high of $0.00956 on June 3, resulting in a surge in its market capitalization, which now stands at over $868 million. As a result, DOG has secured a spot among the top 100 assets and is currently ranked 98th, with a trading price of $0.00875.
Additionally, the volume of DOG has experienced a significant increase, soaring by 131% to reach $86 million. Moreover, over the past seven days, DOG has shown remarkable resilience, recording a surge of 114% within this period.
Among meme coins, DOG is now ranked seventh. Notably, it achieved this milestone by surpassing Book of Meme (BOME), a recently launched Solana meme coin sensation.
Following the impressive price run, Crypto pundit and founder of Crypto Capital Venture, Dan Gambardello, predicted that the meme coin would continue to be a top performer. He boldly claimed that DOG could surpass Dogecoin (DOGE), resulting in a market cap surge of over $22.7 billion.
According to data from CoinCodex, the Relative Strength Index (RSI) for DOG currently stands at 65.90, despite the recent surge, indicating that there is still room for growth. This suggests that the asset is neither overbought nor oversold, but rather in a neutral zone, signaling a balanced market sentiment.
Meanwhile, amidst the market turmoil, Bitcoin (BTC) briefly experienced a surge in value, reaching a peak of $70,000 before declining to $68,000 at the time of reporting. Similarly, Ethereum (ETH), mirroring Bitcoin’s trajectory, has witnessed a modest decline of 1.20% over the past 24 hours.
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