Right. Dogecoin (DOGE +13.03%). It’s happening again. Honestly, it’s a bit like that ex-boyfriend who keeps reappearing – you know it’s probably not a good idea, but there’s a tiny, irrational part of you that wonders… could things be different this time? The Fear and Greed Index is currently hovering around 11/100. Eleven. It’s practically subterranean. Which, in crypto terms, usually means someone, somewhere, is about to take a punt.
As of this afternoon (3:30 p.m. ET), it’s up 13%. Back above $0.10. Which, let’s be honest, isn’t exactly a fortune, but it’s a definite… blip. A flicker of hope in the vast, grey landscape of crypto winter. I’ve been trying to be sensible. To diversify. To invest in things with…utility. But then Dogecoin does this. It’s terribly distracting.
Units of Cryptocurrency Lost: 12. Hours Spent Watching Charts: 9. Number of Panicked Texts to Friends: 24.
Is Meme Mania…Resurrecting?
The thing is, when Dogecoin starts doing its little dance, everything else tends to follow. Which is… comforting? Terrifying? Both, probably. Other tokens are up, of course, but Dogecoin’s surge is, shall we say, enthusiastic. It’s like it’s trying to compensate for months of… inactivity.
Apparently, Binance is listing it, along with a few others, and offering zero maker fees. Which sounds… complicated. And probably involves a lot of tiny print. But basically, it means more people can trade it, which means more… volatility. And retail demand, as always, is the key. It’s a bit like a self-fulfilling prophecy, isn’t it? Everyone buys it because everyone else is buying it, and then it goes up, and then everyone feels clever. Until it doesn’t.
There’s also been a slight uptick in Total Value Locked (TVL), apparently due to some DeFi experiments. Which is… good? I think? I’m still trying to understand DeFi. It feels like a different language. And active addresses are up 36% weekly. Which means… more wallets are being used. More people are… participating. It’s all very… active. Which is, I suppose, a positive sign.
But honestly, given how utterly miserable the overall sentiment is, I’m remaining cautious. It’s probably just a blip. A temporary reprieve. But it is notable. And it might just be the start of something. For those of you who are still… invested (and I see you, nodding knowingly), the next few days could be… interesting. Strap yourselves in. It could go either way. I’m going to make a cup of tea. And possibly hide under the duvet.
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2026-02-26 00:03