Dogecoin Rises Past 8 Cents Amid White House Crypto Summit

Dogecoin rose Thursday afternoon as speculative momentum strengthened in the digital asset market.

Dogecoin gained Thursday. Where is Dogecoin headed next?

Crypto Summit and Social Sentiment Push DOGE Past 8 Cents

The catalyst driving the sector came from Wednesday's high-profile White House crypto summit hosted by President Trump. Trump renewed calls for federal regulatory reform and backed the CLARITY Act, helping Bitcoin break above $72,000 and lifting major altcoins.

Amid the macro tailwinds, Dogecoin saw a sharp rise in trader positioning during Thursday's morning session. Data from crypto analytics platform Coinglass shows open interest in perpetual futures recently climbed to 17.2 billion DOGE, indicating fresh leveraged capital entering the market.

Capturing the sudden shift in sentiment, Dogecoin co-founder Billy Markus posted on social media after Wednesday evening's summit, highlighting the sharp, broad-based green rebound following months of subdued crypto price action.

"Crypto is back!?!?!?!?!"

"Is the 2026 nightmare over?!?!!?"

— Shibetoshi Nakamoto, August 19, 2026

DOGE Up Thursday Afternoon

DOGE price action: Dogecoin rose 14.39% Thursday afternoon to 8 cents.