The price of DOGE staged a double-digit rally over the past week as memecoin traders took new positions, expecting more upside.
Dogecoin, the largest memecoin by market capitalization, has rallied more than 10% in the past 24 hours as memecoins have recovered across the board.
Currently trading at $0.1262, the Dogecoin (DOGE) price reached its highest value since Sept. 29, marking a 44% climb from its local low of $0.08888 on Sept. 6.
DOGE/USD daily chart. Source: TradingView
