DOGE (Dogecoin) rose 4.13% in 24 hours.

Gate News Bot News, August 13, according to CoinMarketCap, as of the time of publication, DOGE (Dogecoin) is currently priced at $0.23, rising 4.13% in the last 24 hours, with a high of $0.25 and a low of $0.20. The current market capitalization is approximately $35.307 billion, an increase of $1.4 billion from yesterday, ranking 8th.

Dogecoin is an open-source peer-to-peer digital currency, favored by Shiba Inu enthusiasts. As a cryptocurrency, Dogecoin utilizes blockchain technology to store information through a highly secure decentralized public ledger system maintained by a network of computer nodes. The core philosophy of Dogecoin is summarized in the "Dogecoin Manifesto," which emphasizes a vibrant community made up of friendly people. Dogecoin's informal motto is "Do Only Good Everyday"(, with a community focus on mutual support, kindness, educating others about cryptocurrency, fundraising, entertainment, creating memes, and maintaining a sense of humor.

Important news about DOGE recently:

1️⃣ Institutional holdings rise As of August 11, Nasdaq-listed company Bit Origin has held 70,543,745 DOGE, with an average acquisition cost of $0.2268. The company also announced the completion of a new equity fundraising, purchasing and selling 20 million Class A common shares, as a supplement to the previous $500 million equity acquisition and convertible note financing. This indicates that institutional investors are optimistic about the long-term prospects of DOGE, which may provide support for the coin's price.

2️⃣ Rise in Popularity Ranking On August 10, 2025, DOGE ranked 3rd in the CoinMarketCap popularity chart, with a 24-hour rise of 3.75%. This reflects an increasing market interest in DOGE, helping to attract more investors to participate.

3️⃣ Large Purchase Behavior On-chain data shows that in the past 24 hours, whales (large holders) have purchased over 1 billion DOGE. This large-scale buying behavior may drive the price of DOGE up in the short term and increase market confidence in this cryptocurrency.

From a technical perspective, the price of DOGE has currently broken through the $0.23 mark, and it may continue to test the $0.25 resistance level in the short term. However, considering the overall volatility of the market, investors should remain cautious and pay attention to risks.

This message is not an investment advice, and investors should be aware of market volatility risks.