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Dogecoin (DOGE) Market Cap Reportedly Tops Standard Chartered: What Traders Should Verify Now | Flash News Detail | Blockchain.News
Latest Update
9/13/2025 4:09:00 PM

Dogecoin (DOGE) Market Cap Reportedly Tops Standard Chartered: What Traders Should Verify Now

Dogecoin (DOGE) Market Cap Reportedly Tops Standard Chartered: What Traders Should Verify Now

According to @rovercrc, Dogecoin (DOGE) has overtaken Standard Chartered plc in market capitalization as of Sep 13, 2025. Source: Crypto Rover on X, Sep 13, 2025. The post provides no specific valuation figures or third-party confirmation to substantiate the claim at the time of posting. Source: Crypto Rover on X, Sep 13, 2025. For verification, DOGE market capitalization is calculated as price times circulating supply per major data-aggregator methodology, while Standard Chartered’s market value is shares outstanding times its London Stock Exchange price. Sources: CoinMarketCap Methodology; London Stock Exchange issuer guidance. Traders are advised to validate both inputs on primary data services before acting on the headline to maintain diligence and a reasonable basis. Source: CFA Institute Standards of Practice Handbook.

Source

Analysis

Dogecoin Surges Past Standard Chartered in Market Cap: Trading Opportunities in $DOGE

In a stunning development for the cryptocurrency market, Dogecoin ($DOGE) has officially surpassed the market capitalization of Standard Chartered bank, according to Crypto Rover on September 13, 2025. This milestone highlights the explosive growth of meme coins and their increasing relevance in the global financial landscape. As traders eye this shift, $DOGE's market cap achievement signals potential bullish momentum, drawing comparisons to previous rallies driven by social media hype and celebrity endorsements. With Dogecoin's roots in internet culture, this overtake underscores how decentralized assets can rival traditional banking giants, potentially attracting more institutional interest and retail investors seeking high-volatility plays.

From a trading perspective, this news could catalyze short-term price action in $DOGE pairs across major exchanges. Historically, Dogecoin has shown sensitivity to market sentiment, with past surges like the 2021 bull run pushing prices from under $0.01 to over $0.70 in a matter of months. Traders should monitor key support levels around $0.10 and resistance at $0.15, based on recent chart patterns observed in the lead-up to this announcement. If $DOGE maintains upward pressure, breaking above $0.20 could open doors to retest all-time highs, especially if trading volumes spike. On-chain metrics, such as increased wallet activity and transaction counts, often precede these moves, providing early signals for swing traders. For those considering entry points, dollar-cost averaging during dips might mitigate risks amid the coin's notorious volatility.

Market Implications and Cross-Asset Correlations

Beyond the headline, this market cap flip reflects broader trends in cryptocurrency adoption, where assets like $DOGE challenge established financial institutions. Standard Chartered, a multinational bank with a market cap historically in the tens of billions, now trails a coin born as a joke, illustrating the disruptive power of blockchain technology. Traders can look for correlations with Bitcoin ($BTC) and Ethereum ($ETH), as $DOGE often moves in tandem with major cryptos during bull phases. For instance, if Bitcoin holds above $60,000, it could provide tailwinds for altcoins like Dogecoin, enhancing trading opportunities in pairs such as DOGE/BTC or DOGE/USDT. Institutional flows, including potential ETF approvals or whale accumulations, might further bolster this narrative, with data from sources like blockchain explorers showing rising large-holder activity.

In terms of risk management, savvy traders should incorporate stop-loss orders below recent lows to protect against sudden reversals, common in meme coin markets. The overtake also invites analysis of trading volumes: if daily volumes exceed 1 billion $DOGE traded, it could confirm sustained interest. Looking ahead, this event may influence sentiment in related sectors, such as AI-driven meme tokens or decentralized finance projects, creating arbitrage opportunities across exchanges. Overall, this breakthrough positions $DOGE as a focal point for speculative trading, with potential for 20-30% gains in the coming weeks if positive catalysts align. Investors are advised to stay updated via reliable crypto analysts for real-time insights, ensuring strategies align with personal risk tolerance.

Strategic Trading Tips for $DOGE Enthusiasts

For those diving into $DOGE trading post this market cap milestone, focus on technical indicators like the Relative Strength Index (RSI) and Moving Averages. An RSI above 70 might indicate overbought conditions, suggesting a pullback, while convergence of 50-day and 200-day moving averages could signal a golden cross for long positions. Pair this with fundamental analysis, considering endorsements from figures like Elon Musk, who have historically pumped Dogecoin prices. Cross-market traders might explore correlations with stock indices, as crypto's rise could pressure traditional banks, leading to hedging strategies involving $DOGE futures. Remember, while the overtake is a bullish indicator, external factors like regulatory news could introduce downside risks, emphasizing the need for diversified portfolios.

This event not only boosts $DOGE's visibility but also highlights the evolving interplay between crypto and traditional finance, offering traders a unique window for profit. With market dynamics shifting rapidly, staying informed on price movements and volume trends remains crucial for capitalizing on this momentum.

Crypto Rover

@rovercrc

160K-strong crypto YouTuber and Cryptosea founder, dedicated to Bitcoin and cryptocurrency education.