DOGE Slips Behind as Bitcoin and Ethereum Surge

The crypto market has been on a tear, with Bitcoin up 6.4% and Ethereum surging 11.7% in the past week. Dogecoin, however, is lagging behind, trading at $0.07537 as of July 7, 2026, down 1.53% in 24 hours.

This isn't a crash, but rather indifference from capital, which seems to be favoring major assets over meme coins like Dogecoin. However, history suggests that every meme cycle starts with majors first and then moves to DOGE, indicating that the lag could be a setup for a catch-up trade.

One key indicator is the daily volume of $812.2 million as a share of the market cap of $11.68 billion, which stands at 6.9%. This is considered healthy and suggests continuous liquidity, making it an attractive asset for large players to build positions quietly.