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Dogecoin Jumps 10% as Bitcoin Eyes $104K—Meme Coins Lead ’Risk-On’ Crypto Rally

Dogecoin Jumps 10% as Bitcoin Eyes $104K—Meme Coins Lead ’Risk-On’ Crypto Rally

Author:
Coindesk
Published:
2025-05-10 09:47:33
7
1

Dogecoin Surges 10%, Bitcoin Nears $104K Amid Renewed ‘Risk-on’ Sentiment

Meme coins are back with a vengeance. Dogecoin’s double-digit surge leads the charge as Bitcoin flirts with $104,000—proof that even in 2025, traders still prefer gambling with Shiba Inu memes over reading SEC filings.

The crypto market’s latest pump coincides with renewed appetite for speculative assets. Never mind that half these projects have whitepapers written in Comic Sans—when liquidity flows, degenerates prosper.

Key drivers? Institutional FOMO, Elon’s latest tweet, and the eternal cycle of humans forgetting every crypto winter ever happened. This rally has legs... until the next -40% ’healthy correction’ wipes out leverage junkies.

|Square

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