Benzinga - Dogecoin (CRYPTO: DOGE), the cryptocurrency inspired by a viral meme, has outperformed other major cryptocurrencies such as Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) with an 8% price increase over the last 24 hours.
What Happened: Data from LunarCrush Pro reveals a massive rise in the social dominance score of Dogecoin, which has spiked by 1800% in a single day.
Bitcoin and Ethereum have each seen their values increase by 4-6% over the past 24 hours.
The surge in DOGE comes with a special occasion for the Dogecoin community, as shared by the MyDoge wallet on the X platform. They commemorated the 14th anniversary of the Shiba Inu dog Kabosu—the face of the Dogecoin meme—whose pictures were first shared online by owner Atsuko Sato.
14 years ago, on this day @kabosumama uploaded photos of her Shiba Inu dog Kabosu on the internet.Rest is history