Why Dogecoin is Surpassing Bitcoin and Ethereum Today
February 15, 2026
Dogecoin experienced a significant surge of over 19% within just 24 hours, surpassing the performance of other major cryptocurrencies like Bitcoin, Ethereum, and Solana. This remarkable increase indicates a growing momentum behind the meme coin.
The trading activity surrounding Dogecoin witnessed a surge, with trading volumes spiking significantly, demonstrating a strong interest and a wave of buying driven by this momentum. Interestingly, the rally seems to be more than just a rise in sentiment, as large Digital Asset Treasuries (DATs) such as CleanCore and Bit Origin continue to accumulate Dogecoin despite the prevailing bearish market sentiment.
On Sunday, Dogecoin hit a high of nearly 20% within the past 24 hours, outshining leading cryptocurrencies like Bitcoin, Ethereum, and Solana during this time frame. Its market cap soared close to $19 billion, positioning it among the top cryptocurrencies based on market capitalization. Experts observing the market have described Dogecoin’s recent spike as a breakout that reflects its ability to surpass recent resistance levels. Traders speculate that the current momentum in Dogecoin could persist if the buying pressure remains robust, although some also caution that the surge primarily stems from sentiment rather than significant news developments.
As of recent data, Dogecoin (DOGE) was trading close to $0.1142, marking a nearly 19.6% increase in just 24 hours. Notably, it held the top spot as the most trending token on Stocktwits. There has been a notable shift in retail sentiment around DOGE, moving from a ‘neutral’ stance to ‘extremely bullish’ territory on the platform. This heightened level of chatter indicates a strong positive sentiment among retail traders towards Dogecoin.
In comparison, Bitcoin (BTC) was trading at around $70,151.31, showing a modest increase of about 2% in the past 24 hours, while Ethereum (ETH) was trading at approximately $2,077.81, posting a rise of roughly 1.3% within the same time frame. Conversely, Solana (SOL) traded at about $88.92, with a nearly 4.9% increase over the past day. Retail sentiment metrics on Stocktwits revealed varying degrees of sentiment around these leading cryptocurrencies, with DOGE standing out as particularly bullish.
Recent data from Glassnode indicated a significant uptick in corporate Dogecoin treasury balances, reaching about 780.5 million DOGE as of Friday. Notable Digital Asset Treasuries (DATs) like CleanCore Solutions (ZONE) and Bit Origin contributed to this surge by purchasing millions of DOGE. The gradual accumulation of treasury balances during moments of price declines in early 2026 suggests a strategic and consistent approach by these companies to accumulate Dogecoin.
Historically, Dogecoin has demonstrated the tendency to register sharp rallies during periods of strong retail-driven market cycles. Launched in 2013 as a lighthearted cryptocurrency inspired by a meme, Dogecoin has consistently showcased its ability to outperform major tokens when retail market sentiment is robust.
