In a dramatic day for the cryptocurrency market, meme coin “Dog Go to the Moon” (DOG) has surged to join the top 100 cryptocurrencies. DOG’s price spiked by 20% in the past 24 hours, contrasting sharply with the broader market’s 38.74% decline.
On June 3, DOG reached an all-time high of $0.00956, boosting its market cap to over $868 million and securing the 98th rank. Trading volume increased by 131% to $86 million, and a seven-day surge of 114% highlights its resilience. Notably, DOG has overtaken Book of Meme (BOME) in the meme coin rankings, now standing seventh.
The Relative Strength Index (RSI) for DOG is 65.90, indicating a balanced market sentiment and potential for further growth. Despite market turmoil, Bitcoin briefly hit $70,000 before settling at $68,000.
This milestone emphasizes DOG’s growing influence and potential long-term impact in the crypto market.