DOGE (Dogecoin) rose 4.38% in 24 hours.

Gate News Bot news, on August 14, according to CoinMarketCap data, as of the time of publication, DOGE (Dogecoin) is currently priced at $0.25, having risen by 4.38% in the last 24 hours, reaching a high of $0.25 and a low of $0.20. The current market capitalization is approximately $37.095 billion, an increase of $1.555 billion compared to yesterday.

Dogecoin is an open-source peer-to-peer digital currency that is favored by Shiba Inu enthusiasts around the world. At its core, Dogecoin is an unexpected cryptocurrency movement aimed at making people smile! It is also an open-source peer-to-peer cryptocurrency that utilizes blockchain technology, a highly secure decentralized information storage system maintained as a public ledger by a network of computers known as nodes. In addition, Dogecoin has its unique spirit, encapsulated in the Dogecoin manifesto, and a vibrant community made up of friendly people like you!

Important recent news about DOGE:

1️⃣ Institutional investors increase holdings 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 has also completed a new equity fundraising by buying 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 DOGE in the long term, which may provide support for the coin's price.

2️⃣ Increased market attention On August 10, 2025, DOGE ranked 3rd on the CoinMarketCap popularity chart, with a 24-hour rise of 3.75%. This reflects the increasing market attention towards DOGE, which helps attract more investors to participate.

3️⃣ Listed Company Strategic Layout Thumzup Media Corporation, a publicly traded company, announced an expansion of its digital asset portfolio strategy, which will cover large-scale cryptocurrency mining and blockchain investments. The company plans to invest in efficient and sustainable cryptocurrency mining infrastructure while accumulating mainstream cryptocurrencies, including DOGE, to enhance financial resilience and create long-term shareholder value. This strategy could bring new institutional demand for DOGE.

From a technical perspective, DOGE's current price has broken through the $0.25 level and may continue to test higher resistance levels in the short term. However, considering the overall market volatility, investors should remain cautious and pay attention to risks.

This message is not an investment suggestion; investors should be aware of the risks of market volatility.