Meme coins like Dogecoin (DOGE) are experiencing a rise in value following the Thanksgiving holiday in the US. DOGE, along with other meme-themed tokens, has seen a 7% increase in price, reaching $0.42. Over the past 30 days, DOGE has surged by 149%, partly due to Elon Musk's support and Donald Trump's pro-crypto stance. Other meme coins like Popcat (POPCAT), Bonk (BONK), Brett (BRETT), and Pepe (PEPE) have also seen price increases. Traders betting on the price of meme coins to decline have seen their positions liquidated, with around $6 million in DOGE shorts being liquidated in the past 24 hours. Bitcoin (BTC) is also rising, with a current price above $98,400 and aiming for $99,000.



Other News from Today