Dogecoin’s Value Surges Almost 20% in 24 Hours as Businesses Stockpile Millions of DOGE
February 15, 2026
Dogecoin has experienced quite a surge in the past 24 hours, outshining popular cryptocurrencies like Bitcoin, Ethereum, and Solana. The meme coin’s value shot up by over 19%, marking a significant increase in its momentum. Surprisingly, Dogecoin managed to outperform established cryptocurrencies like Bitcoin and Ethereum in this recent rally.
The surge in trading activity has been evident, with volumes spiking significantly, indicating a strong interest in Dogecoin and a wave of buying based on momentum. What sets this rally apart is that it seems to be more than just a sentiment-driven surge. Major Digital Asset Treasuries, or DATs like CleanCore and Bit Origin, are actively purchasing Dogecoin despite the prevailing bear market sentiment.
On Sunday, Dogecoin witnessed a spike of about 20% in its value over the past day, reaching a market value close to $19 billion and solidifying its position among the top-valued cryptocurrencies. Observers have described this surge as a breakout, surpassing previous resistance levels and entering a bullish phase. While some traders anticipate this momentum to continue with sustained buying pressure, others remain cautious, suggesting that the rally might be more fueled by sentiment rather than fundamental developments.
Dogecoin, trading at roughly $0.1142, observed a nearly 19.6% increase in value over the last day, making it the top trending token on platforms like Stocktwits. Retail sentiment around Dogecoin has shifted from being neutral to extremely bullish, leading to a spike in chatter levels. This is in stark contrast to Bitcoin and Ethereum, which have seen modest gains of around 2% and 1.3%, respectively, with retail sentiment either neutral or bearish.
Despite the surge in Dogecoin’s value, concerns have been raised about the nature of the rally, with suggestions that it could be predominantly driven by sentiment rather than real market dynamics. Corporate Dogecoin treasury balances have surged to about 780.5 million DOGE, thanks to increased buying from DATs like CleanCore Solutions and Bit Origin. Their aggressive accumulation of Dogecoin, even during price declines earlier in 2026, indicates a deliberate strategy to gather assets at lower prices rather than chasing a rising market.
History shows that Dogecoin has demonstrated similar sharp rallies during previous bull markets, showcasing its ability to outperform major cryptocurrencies during retail-driven cycles. Conceived as a meme-inspired cryptocurrency in 2013, Dogecoin has repeatedly surprised the market with its resilience and ability to capitalize on retail enthusiasm.
In conclusion, Dogecoin’s recent rally has taken the market by storm, outshining other major cryptocurrencies and attracting significant interest from both retail and institutional investors. While the surge may be partly driven by sentiment, the sustained buying pressure from major entities indicates a broader strategy at play. The future of Dogecoin remains uncertain, but its ability to stand out in a crowded and competitive market speaks volumes about its enduring appeal.
