BPOI Banner
Shaurya Malwa Shaurya Malwa

Dogecoin Surges 7% as Bitcoin, XRP See Brief Rally

Dogecoin (DOGE) jumped 7% as majors staged a relief rally on Tuesday driven by talks of the upcoming U.S. tariffs, due on April 2, being more measured than initially expected.

As per reports, President Donald Trump’s planned “reciprocal tariffs” set for April 2 may be more targeted than previously threatened, with some countries exempt and existing metal levies possibly not stacking.

The tariffs unsettled markets in February, shocking stocks and cryptocurrencies alike with bitcoin (BTC) dropping 17.6% to below $80,000 from its January peak.

Last week, the Federal Reserve raised inflation forecasts and lowered growth projections, likely due to Trump’s trade stance, but described the tariff-driven inflation as temporary while maintaining plans for two rate cuts in 2025, supporting risk assets.

This, along with the possibility of milder tariffs, has boosted market optimism, and memecoins are leading the charge. DOGE, pepecoin (PEPE), mog (MOG), floki (FLOKI), among others, are up more than 5% in the past 24 hours, with the meme sector up 5.6% on average, per CoinGecko data.

That has beaten a 3% run in bitcoin, Solana’s SOL and XRP, with the broad-based CoinDesk 20 (CD20) index up 2.7%.

Memecoins jump or act as beta bets when ether (ETH) or bitcoin rise because they’re highly speculative assets with amplified sensitivity to broader crypto market trends.

Retail traders often see relief in majors as a signal of bullish sentiment across the crypto ecosystem — chasing higher-risk, higher-reward opportunities like memecoins, which are typically cheaper and can deliver rapid gains in relatively shorter periods.

AI Tokens Remain Stable Despite ‘Bubble’ Talk

Elsewhere, Artificial Intelligence (AI) majors are stable after Alibaba’s Joe Tsai said he sees sign of a bubble forming in the ecosystem, the category is up 4.5% in the last 24 hours, according to CoinGecko data.

“I start to see the beginning of some kind of bubble,” Tsai said during an HSBC conference in Hong Kong. “I start to get worried when people are building data centers on spec. There are a number of people coming up, funds coming out, to raise billions or millions of capital.”

Investment in AI appears to be occurring ahead of current demand, Tsai believes.

NEAR protocol, the largest AI token by market cap, is flat in trading today, but up 14% in the last week as the market continues to positively digest news that Coinbase and the biggest names in AI were working together to collaboratively develop AI agent technology.

Story’s IP token also continues to do well, up 8% on-day, as the project continues to secure notable Hollywood and Korean popstar intellectual property to monetize on its chain. Story has pitched its project as a way for rights holders to survive the AI revolution by easily creating frameworks to license their content for AI training.



Source link

Shaurya Malwa, Sam Reynolds

https://www.coindesk.com/markets/2025/03/25/dogecoin-surges-7-as-bitcoin-xrp-see-brief-rally-on-hopes-of-trade-war-easing

2025-03-25 06:30:04

bitcoin
Bitcoin (BTC) $ 79,552.31 0.97%
ethereum
Ethereum (ETH) $ 1,559.12 0.37%
tether
Tether (USDT) $ 0.999963 0.02%
xrp
XRP (XRP) $ 1.94 1.60%
bnb
BNB (BNB) $ 563.05 1.80%
usd-coin
USDC (USDC) $ 1.00 0.01%
solana
Solana (SOL) $ 109.85 3.81%
dogecoin
Dogecoin (DOGE) $ 0.153724 4.39%
tron
TRON (TRX) $ 0.235236 3.45%
cardano
Cardano (ADA) $ 0.607767 6.02%
staked-ether
Lido Staked Ether (STETH) $ 1,559.09 0.04%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 79,379.27 1.32%
leo-token
LEO Token (LEO) $ 8.99 0.35%
usds
USDS (USDS) $ 1.00 0.02%
the-open-network
Toncoin (TON) $ 3.12 1.99%
chainlink
Chainlink (LINK) $ 11.70 3.99%
avalanche-2
Avalanche (AVAX) $ 17.49 6.89%
stellar
Stellar (XLM) $ 0.235334 1.77%
hedera-hashgraph
Hedera (HBAR) $ 0.163455 13.30%
wrapped-steth
Wrapped stETH (WSTETH) $ 1,880.92 0.24%
shiba-inu
Shiba Inu (SHIB) $ 0.000011 0.16%
sui
Sui (SUI) $ 2.06 2.76%
mantra-dao
MANTRA (OM) $ 6.23 0.83%
bitcoin-cash
Bitcoin Cash (BCH) $ 283.07 4.38%
polkadot
Polkadot (DOT) $ 3.65 1.72%
litecoin
Litecoin (LTC) $ 72.65 3.37%
binance-bridged-usdt-bnb-smart-chain
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00 0.33%
ethena-usde
Ethena USDe (USDE) $ 0.999801 0.12%
bitget-token
Bitget Token (BGB) $ 4.16 2.76%
weth
WETH (WETH) $ 1,562.92 0.67%
whitebit
WhiteBIT Coin (WBT) $ 27.86 0.79%
hyperliquid
Hyperliquid (HYPE) $ 11.92 11.57%
pi-network
Pi Network (PI) $ 0.580875 2.45%
monero
Monero (XMR) $ 204.31 4.05%
wrapped-eeth
Wrapped eETH (WEETH) $ 1,664.30 0.06%
okb
OKB (OKB) $ 52.75 4.67%
dai
Dai (DAI) $ 1.00 0.03%
uniswap
Uniswap (UNI) $ 5.18 0.94%
susds
sUSDS (SUSDS) $ 1.05 0.01%
aptos
Aptos (APT) $ 4.65 7.27%
gatechain-token
Gate (GT) $ 21.61 2.09%
pepe
Pepe (PEPE) $ 0.000006 2.20%
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 79,418.28 0.98%
near
NEAR Protocol (NEAR) $ 2.09 1.94%
ondo-finance
Ondo (ONDO) $ 0.766187 0.00%
tokenize-xchange
Tokenize Xchange (TKX) $ 29.83 0.40%
mantle
Mantle (MNT) $ 0.696886 1.51%
crypto-com-chain
Cronos (CRO) $ 0.084959 2.89%
internet-computer
Internet Computer (ICP) $ 4.75 2.88%
ethereum-classic
Ethereum Classic (ETC) $ 14.57 1.72%
bitcoin
Bitcoin (BTC) $ 79,552.31 0.97%
ethereum
Ethereum (ETH) $ 1,559.12 0.37%
tether
Tether (USDT) $ 0.999963 0.02%
xrp
XRP (XRP) $ 1.94 1.60%
bnb
BNB (BNB) $ 563.05 1.80%
usd-coin
USDC (USDC) $ 1.00 0.01%
solana
Solana (SOL) $ 109.85 3.81%
dogecoin
Dogecoin (DOGE) $ 0.153724 4.39%
tron
TRON (TRX) $ 0.235236 3.45%
cardano
Cardano (ADA) $ 0.607767 6.02%
staked-ether
Lido Staked Ether (STETH) $ 1,559.09 0.04%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 79,379.27 1.32%
leo-token
LEO Token (LEO) $ 8.99 0.35%
usds
USDS (USDS) $ 1.00 0.02%
the-open-network
Toncoin (TON) $ 3.12 1.99%
chainlink
Chainlink (LINK) $ 11.70 3.99%
avalanche-2
Avalanche (AVAX) $ 17.49 6.89%
stellar
Stellar (XLM) $ 0.235334 1.77%
hedera-hashgraph
Hedera (HBAR) $ 0.163455 13.30%
wrapped-steth
Wrapped stETH (WSTETH) $ 1,880.92 0.24%
shiba-inu
Shiba Inu (SHIB) $ 0.000011 0.16%
sui
Sui (SUI) $ 2.06 2.76%
mantra-dao
MANTRA (OM) $ 6.23 0.83%
bitcoin-cash
Bitcoin Cash (BCH) $ 283.07 4.38%
polkadot
Polkadot (DOT) $ 3.65 1.72%
litecoin
Litecoin (LTC) $ 72.65 3.37%
binance-bridged-usdt-bnb-smart-chain
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00 0.33%
ethena-usde
Ethena USDe (USDE) $ 0.999801 0.12%
bitget-token
Bitget Token (BGB) $ 4.16 2.76%
weth
WETH (WETH) $ 1,562.92 0.67%
whitebit
WhiteBIT Coin (WBT) $ 27.86 0.79%
hyperliquid
Hyperliquid (HYPE) $ 11.92 11.57%
pi-network
Pi Network (PI) $ 0.580875 2.45%
monero
Monero (XMR) $ 204.31 4.05%
wrapped-eeth
Wrapped eETH (WEETH) $ 1,664.30 0.06%
okb
OKB (OKB) $ 52.75 4.67%
dai
Dai (DAI) $ 1.00 0.03%
uniswap
Uniswap (UNI) $ 5.18 0.94%
susds
sUSDS (SUSDS) $ 1.05 0.01%
aptos
Aptos (APT) $ 4.65 7.27%
gatechain-token
Gate (GT) $ 21.61 2.09%
pepe
Pepe (PEPE) $ 0.000006 2.20%
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 79,418.28 0.98%
near
NEAR Protocol (NEAR) $ 2.09 1.94%
ondo-finance
Ondo (ONDO) $ 0.766187 0.00%
tokenize-xchange
Tokenize Xchange (TKX) $ 29.83 0.40%
mantle
Mantle (MNT) $ 0.696886 1.51%
crypto-com-chain
Cronos (CRO) $ 0.084959 2.89%
internet-computer
Internet Computer (ICP) $ 4.75 2.88%
ethereum-classic
Ethereum Classic (ETC) $ 14.57 1.72%