Dogecoin (DOGE) has gone up 1.3% in the past 24 hours as the market keeps trying to recover its composure after days of heavy selling.
The performance of the top meme coin moves the needle for the entire category, as DOGE has a 60% dominance of the sector.
Shiba Inu (SHIB) and Pepe (PEPE) have also booked gains of 1.3% and 5.6% in the past day but a large number of tokens are in negative territory already as the American session opened with a fire sale.
Trading volumes in the past 24 hours have retreated by 36% as volatility seems to be subsiding. Despite today’s recovery, DOGE has lost nearly half of its value in 2025 and has accumulated a 16.8% loss in the past week.
Earlier today, the U.S. Bureau of Labor Statistics published its inflation report for last month. The market reacted positively to this event as prices climbed by 2.8% compared to the previous year, which was around 10 basis points below analysts’ forecasts.
Lower-than-expected inflation is a positive sign for the market as it increases the odds that the Fed could ease its dovish stance on interest rates. In addition, February was the first month after Donald Trump took office.
However, despite this recent spike in DOGE prices, market sentiment is still heavily depressed as the Fear and Greed Index currently stands at 19, meaning that investors are still in “Extreme Fear” mode.
DOGE Could Rise Another 7% if This Support Level Holds
From a technical standpoint, DOGE has been on an uptrend since late Monday when it bounced off the $0.1420 support. Since then, DOGE has made three consecutive higher lows and seems to be on its way to retest its latest lower high at $0.1800.
Momentum indicators just sent a buy signal as the Relative Strength Index (RSI) crossed above the signal line in the hourly chart, while the MACD’s histogram just moved to positive territory.
These technical factors point to the continuation of the token’s uptrend and could lead to a retest of the $0.1800 level at some point. This means an upside potential of 7% in the near term.
Apart from DOGE, other meme coins and promising crypto presales like MIND of Pepe ($MIND) also stand to benefit from the market’s recovery.
MIND of Pepe ($MIND) Raises $7.3 Million to Launch a Powerful AI Agent
MIND of Pepe ($MIND) is an innovative AI agent token that combines the power of artificial intelligence with the popularity of the Pepe the Frog meme to give life to an influential virtual persona that could take over X and other social platforms by storm.
The agent collects information from its interactions with users across social networks and sends insightful information to $MIND holders so they can navigate these challenging conditions by identifying the most promising opportunities in the marketplace.
In addition, once the AI agent gains enough influence, it can create and promote its own meme coins and give $MIND holders first-row seats at exclusive private sales so they can reap the highest returns once these new tokens are launched.
$MIND is currently available at a discounted presale price of $0.0034955. However, this price will only be available for the next 6 hours and will then be increased to compensate early supporters of the project.
To buy $MIND, simply head to the official MIND of Pepe website and connect your wallet. You can either swap ETH, USDT or BNB tokens or use a bank card to make your investment.
