Why Dogecoin Is Rocketing Higher to Start 2026, Up More than 10% Today

Core Insights - Dogecoin (CRYPTO: DOGE) has surged 10.9% in the past 24 hours, becoming the leading top-10 cryptocurrency by market capitalization, contributing to a 2.4% increase in the overall digital assets market capitalization [1][2]. Market Performance - The digital assets sector is experiencing strong upside momentum, with all primary tokens showing gains in today's session [1]. - Dogecoin's recent price increase is attributed to improving sentiment and favorable macroeconomic conditions [7]. Underlying Factors - Investors have been monitoring liquidity conditions and market reactions, particularly in relation to meme tokens like Dogecoin, as previous performance indicated a lack of bullish indicators [4]. - There is evidence of improvement in Dogecoin's fundamentals, with active addresses stabilizing and total value locked in the ecosystem rising to over $15 million [5]. Investor Behavior - Large investors, referred to as "whales," are returning to buying Dogecoin, which may influence retail investors to follow suit [6]. - The current market dynamics suggest that if the trend of increased buying continues, Dogecoin's performance could improve throughout the year [6].