Dogecoin's Social Dominance Score Surges 600% In Single Day

Social analytics firm LunarCrush revealed a 600% rise in Dogecoin's “social dominance score” recorded within a single day.

[{"selector":"#anim-a6e3360d-d0c4-4258-867c-d95b13f6b792","keyframes":{"transform":["translate3d(-133.06451%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-08ae8a64-511c-4490-a5a5-ffe927aca9ca","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-23f63b7d-c887-4eae-91e4-3b9462627bf8","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}]

As Bitcoin soared above $64,000 mark driving positive sentiment across the crypto landscape Dogecoin's price rose to the $0.10 threshold.

[{"selector":"#anim-d8a7b39f-8a88-409a-bb74-3ce75e585e45","keyframes":{"transform":["translate3d(-127.34083%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c5cce15c-56f6-4b26-839e-62f8fa0d24c6","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-6f74f384-ee36-4f1c-9a72-c2a6ab912039","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}]

In terms of market capitalization, Dogecoin reclaimed its position among the top ten cryptocurrencies, surpassing Avalanche.

[{"selector":"#anim-0d1a6530-60e1-46e5-a162-9f35cd2015fa","keyframes":{"transform":["translate3d(-138.5%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a850a131-51cf-403e-b237-bbe8114e5350","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c08686b1-4207-420e-bef8-7b226915807e","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}]

According to TradingView, The RSI currently places Dogecoin in the overbought zone with a value of 73.4071.

[{"selector":"#anim-4c4d4513-a4ae-4ee8-ad77-78e08f376647","keyframes":{"transform":["translate3d(-136%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-782c0605-e6c4-4e22-be2b-43b3b0a1c90d","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b03a8d71-aae2-4067-a197-cfa7c85b81ca","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}]

Dogecoin currently holds a market capitalization of $16.4 billion.

[{"selector":"#anim-e20bf2ec-e126-4d3d-b3d2-fc2a77f40587","keyframes":{"transform":["translate3d(-145%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-9f3369fb-626c-47d9-89c4-bd20ff4738c3","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f97f57c6-f6bf-4c45-9742-c7fc15ca0190","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}]