The Dog (DOG) cryptocurrency has seen a significant increase in value of almost 25% in the last 24 hours

The Dog (DOG) cryptocurrency, launched on the Bitcoin network inspired by memecoins, has seen a significant increase in value of almost 25%

The cryptocurrency market continues to show signs of volatility as memecoins, in particular, experience significant price swings. In a recent development, the Dog cryptocurrency (DOG) token, launched on the Bitcoin network, has seen a remarkable increase in value of almost 25% in the last 24 hours, reaching US$ 0,005561 for Thursday (22).

The movement has rekindled the interest of traders and investors who are now speculating about a possible new bullish cycle. According to data from CoinMarketCap, the asset surpassed the $500 million mark in market capitalization, momentarily occupying positions among the 120 largest global crypto assets. The rise occurs amid growing enthusiasm in the sector, driven by the attention given to the token by influencers and analysts in the crypto ecosystem.

Dan Gambardello, founder of Crypto Capital Venture, recently published an analysis highlighting the DOG structure as a “decentralized bet” on the Bitcoin ecosystem. In a video shared with his followers, the analyst classified the cryptocurrency as one of the most promising projects among the tokens launched on the Runes protocol, comparing its market behavior to that of Dogecoin in previous cycles.

“DOG is a memecoin, yes, but with unique fundamentals: fair distribution, no pre-sale, and no large initial allocations. This makes it a direct reflection of the principles of Bitcoin itself,” Gambardello stated.

The analyst also outlined a profit-taking strategy for long-term holders based on market cap targets. If the token reaches $3 billion, for example, returns on current investment could exceed 400%, according to his estimates.

$DOGS EXPLOSION: This MemeCoin Might FLIP DOGE!

Intro 00:00Tier-1 listing inbound 1:40DOG to flip DOGE narrative gains momentum 2:35DOGE and DOG comparison 3:40Be careful for massive dips 5:00DOGE fractal on DOG chart 6:25Short term caution 10:00 pic.twitter.com/dkTMDPslL4

— Dan Gambardello (@cryptorecruitr) May 22, 2025

Furthermore, the growing community supporting the project has proven to be a relevant factor in maintaining the upward trend. With a strong presence on social media and forums such as X (Twitter) and Telegram, users demonstrate confidence in the token as a possible highlight of the next memecoin season.

Despite the optimism, analysts warn that volatility remains high, especially among less liquid assets such as DOG. Investors are advised to remain cautious, adopting risk management and portfolio diversification strategies.