Dogecoin has surged by 15% as the meme coin market reaches a $62 billion market cap. A wedge breakout and a golden crossover indicate a potential buying opportunity, with $0.22 as a target.

With the crypto meme coin segment hitting a market cap of $62.19 billion, the 24-hour trading volume skyrocketed to $9.79 billion. Amid the massive surge in the meme market, Dogecoin, which leads the segment, is witnessing a substantial price jump today. 

Currently, it is trading at $0.1646 and has achieved a market cap of $24.13 billion. As the eighth biggest crypto asset in the industry, Dogecoin spearheads the meme coin rally and teases a bull run similar to the 2021 era. 

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