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Dogecoin Rallies 5% as Crypto Market and Volume Rise

By WebDeskMarch 13, 20264 Mins Read
Dogecoin Rallies 5% as Crypto Market and Volume Rise
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Key Highlights:

  • $DOGE is up by 5% today, March 13, 2026.
  • Apart from $DOGE, other coins such as $TRUMP and $TURBO also experienced significant rise in prices.
  • As the crypto market saw an inflow, most of the altcoins also saw inflow.

Dogecoin has jumped more than 5% today, March 13, 2026 and is hovering around the $0.1 mark. The jump can be attributed to the fact that investors are pouring money into fun, hype-driven memecoins like Dogecoin and they are shifting their focus from steadier assets.

At the time of writing, the price of the token stands at $0.1009 with an uptick of 5.73% in the last 24 hours as per CoinMarketCap.

$DOGE 24-hours chart

It is not just Dogecoin that is shining, other memecoins such as TRUMP (which has been up more than 40%) and TURBO (up by 24%) are also shining. A wider market boost and a clean price breakout add fuel to the fire. Looking ahead, if Dogecoin pushes past $0.101, it has the capability to climb up to $0.103. But if it slips below $0.097, then there could be a possible dip.

Money Rotating Into Meme Coins

The memecoin buying craze is heating up the sector right now, with traders jumping into hype-driven tokens like TRUMP as the Mar-a-Lago gala news was announced. As stated above, TURBO and DOGE also saw shifts. Trading volume has also been up. The trading volume for Doge has been up by 29.18% and is currently at $15.29 billion as per CoinMarketCap.

Many of the investors simply buy these memecoins because of social buzz or news events, pushing market caps up quickly. Dogecoin’s market cap is up and has hit the $15 billion mark. The result is a loop where one coin’s pump lifts others in the sector, improving sentiment but also raising dump risk if traders take profit when RSI nears 70.

In March 2026, meme indices were up 38% monthly, increasing volatility. According to CoinMarketCap, the Crypto Altcoin Season Index has increased to 41 which was in the past week hovering around 36. Even though the scale shows 41, Bitcoin is still leading the market, but some altcoins are starting to gain momentum and these are nothing but the signs of an early transition phase.

Altcoin Season IndexAltcoin Season Index
Altcoin Season Index as of March 13, 2026

Market Boost and Price Chart Wins

The whole crypto market has experienced inflow and it has moved up as well. The total market value is up by almost 2.5% and the crypto market cap is now hovering around the $2.45 trillion mark. Bitcoin has led the rally and it has also hit the $72,000 mark.

It has been observed that whenever Bitcoin climbs, it usually pulls the rest of the market with it, and Dogecoin rode that wave nicely this time.

At the same time, Dogecoin’s trading volume jumped around 26%, which shows real buyers stepping in. Higher volume usually means that people are actively trading and are in support of the move itself.

According to analysts, looking at the charts, things look good. Dogecoin’s price is above key moving averages like the 7-day, 30-day and 200 day lines, which traders usually see as a sign of a healthy upward trend. When the price stays above these levels, it suggests the market momentum is still positive.

Another indicator is that the RSI (Relative Strength Index), is sitting around 70.63 which means that the price has been rising quickly and it indicates that there is a strong momentum. But it could also mean that things are getting overheated, so the price could pause or cool off before moving higher again.

Final Thought

Dogecoin’s pop blends memecoin mania with solid market support. However, the overbought signal hints that there could be profit takers who could cool things off. Conquering $0.101 unlocks more upside, but failure could spark a breather.

Also Read: Dogecoin and Major Altcoins Down as Altseason Buzz Falls to Two-Year Low

Credit: Source link

Previous ArticleCryptocurrency Trader Loses $50 Million in Trade Gone Wrong
Next Article Will SHIB Follow The Rally?

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