After a short-term breakthrough of $0.0064, DOG slightly fell back, with a 24-hour increase of 28.67%

Bitget market data shows that DOG briefly broke through $0.0064 before slightly falling back to $0.0055, with a 24-hour increase of 28.67%.

Information indicates that DOG is a Meme project in the Bitcoin Rune ecosystem, founded by Ordinals core developer Leonidas. Leonidas has benchmarked DOG against other Meme projects such as DOGE, PEPE, and WIF.

Market information suggests that this rise in the price of DOG may be related to live stream marketing by Ordinals and Runes protocol founder Casey. Previously, Casey posted on platform X stating that if the total market value of Runes tokens exceeded one billion dollars he would commit seppuku (ritual suicide). Currently, the total market value of Runes tokens has indeed surpassed one billion dollars, with DOG's current market value at $513 million.

In addition, crypto artist Beeple released an artwork containing "DOG" on platform X; this could also potentially relate to the surge in DOG's price.