Amid Bitcoin's historic rally, Dogecoin ($DOGE) has doubled in price, achieving a market capitalization that now exceeds 60% of the S&P 500's 503 constituent stocks.
As of press time, Dogecoin's market cap stands at $58 billion, positioning it 181st in the S&P 500 rankings—higher than 64% of its listed companies. This milestone places DOGE above industry giants such as:
- Monster Beverage Corporation ($MNST | $54B)
- The Allstate Corporation ($ALL | $52B)
- American Electric Power ($AEP | $50B)
Key Comparisons
Dogecoin currently outperforms notable firms like:
- Nasdaq, Inc. ($NDAQ | $46B)
- Ford Motor Company ($F | $45B)
- Electronic Arts ($EA | $42B)
At its 24-hour peak, DOGE's market cap briefly hit **$63.5 billion**, climbing to **165th** in the S&P 500 and surpassing **66%** of its stocks. Notably, this marks a **56% increase** from its $25 billion valuation just one week prior.
👉 Explore how Dogecoin stacks against traditional assets
FAQ
Q: How does Dogecoin’s market cap compare to Bitcoin’s recent performance?
A: While Bitcoin posted its largest daily gain ever (+$8,300 in 24 hours), DOGE’s growth highlights its rising prominence among both crypto and traditional investors.
Q: What factors are driving Dogecoin’s surge?
A: Market sentiment, celebrity endorsements, and broader crypto adoption have contributed to DOGE’s upward trajectory.
Q: Is Dogecoin’s valuation sustainable?
A: Volatility remains high; investors should monitor macroeconomic trends and regulatory developments.
Why This Matters
Dogecoin’s ascent reflects the growing intersection of cryptocurrency and traditional finance. Its ability to rival established S&P 500 companies underscores the shifting investment landscape.
👉 Dive deeper into crypto market trends
Keywords: Dogecoin, S&P 500, market cap, cryptocurrency, Bitcoin, investment trends, $DOGE
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