Dogecoin (DOGE) surged 15% in a week, Can this new Meme Coin follow this trend?

Dipayan Mitra
August 12, 2025
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Dogecoin (DOGE), the world’s largest meme coin, recently gained bullish momentum and managed to push it price by 15% in a week. This recent uptrend gave investors the confidence to put their bets on DOGE once again. However, while the OG meme coin continues to grow, a newcomer might just steal the show in the coming days with its unique offerings. Ergo, let’s take a look at what’s cooking. 

Dogecoin is pumping again!

Latest data revealed that at the time of writing, DOGE was trading at $0.2303 with a market capitalization of over $34 billion. A look at the meme coin’s price chart relieved that its Money Flow Index (MFI) had registered an uptick in the last few hours. A hike in the metric means that buying pressure on DOGE is rising, which often results in continued price rise. However, not everything was looking Picture-perfect. 

DOGE price chart

While the MFI was promising, the Relative Strength Index (RSI) moved southwards—a sign of declining buying sentiment in the market. In case buying momentum builds up, it’ll be crucial for Dogecoin to jump above the $0.24 resistance in order to climb higher. Nonetheless, if the bears take control, DOGE might find a support at $0.19.

Can Pepe Dollar take the cake?

The meme coin space, once dominated by Dogecoin, is evolving from internet jokes into utility-driven ecosystems — and Pepe Dollar (PEPD) is leading the charge. While Dogecoin relies largely on speculative hype and suffers from slow block times and outdated architecture, PEPD is built on Ethereum Layer-2 for fast, low-cost, and scalable transactions.

Its “Pay-Fi” framework transforms it from a meme into a functional payment currency, enabling QR-based peer-to-peer payments, merchant checkouts, creator subscriptions, on-chain tipping, and even micro-loans — real-world utilities Dogecoin simply doesn’t offer.

PEPD’s fixed 7.6 billion supply, with 29% set aside for the Federal Burn program, ensures some degree of long-term value preservation vis-a-vis Dogecoin’s inflationary supply. Correctly audited smart contracts, followed by a diligent development team and updates shared with the community, keep its credibility high.

Other than payments, its pepedollar.fun launchpad allows users to set up their meme tokens without any coding knowledge, thereby combining the currency with the platform. With deflationary tokenomics, strong utilities, and a growing investor community, Pepe Dollar appears to be the meme coin for those who want beyond the hype — it is based on cultural significance as well as lasting financial impact.

Conclusion

Dogecoin’s recent 15% rally provides proof of it being the leading meme coin. But the growth of Dogecoin remains purely sentiment-driven. However, with Pepe Dollar (PEPD), a different model is being constructed in the making: meme culture united with utility for quick payments with negligible fees and deflationary tokenomics with a platform for meme token generation.

This positions the PEPD pretty much not just as a speculative asset but as a working player in the evolving Meme-Fi arena.  If there is continued adoption and maturity in the ecosystem, Pepe Dollar certainly can vary.

Official Website – https://pepedollar.io/

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Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

About Author
About Author
Dipayan is a full-time journalist and editor working in the Web3 domain. He has over 4 years of experience in the media industry. A graduate in journalism, Dipayan has a keen interest in keeping himself updated with the latest developments in the crypto-space. Technical analysis and assessing market trends is what he specializes in. His work has been featured on popular crypto platforms like AMBCrypto.
Disclaimer: This article is part of a paid partnership and should not be construed as financial advice. The views, statements, and opinions expressed herein are solely those of the sponsor and do not necessarily reflect those of Coingape. Cryptocurrencies are highly volatile, unregulated in many jurisdictions, and carry significant risk, including total loss of capital. Always conduct your own research and consult a qualified adviser before making any investment decisions. Coingape does not endorse or guarantee the accuracy, timeliness, or completeness of any information provided by the sponsor.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.