Dogecoin Trolls Spider-Man: You’d Need 11 More Record Weekends
Dogecoin’s official account poked enjoyable at Hollywood, evaluating Spider-Man’s document opening weekend to its personal market worth.
The meme coin joked that the movie wants about 11 extra openings that dimension to meet up with Dogecoin (DOGE). The coin is a meme-based cryptocurrency that trades independently of the film trade it referenced.
Spider-Man Sets a New Box Office Record
“Spider-Man: Brand New Day” opened to $927 million worldwide over the weekend. That mark ranks because the second-biggest global debut ever.
Domestically, the movie earned $360 million. That broke the North American opening document that “Avengers: Endgame” set beforehand. The Dogecoin account seized on the milestone immediately. It in contrast the movie’s complete to Dogecoin’s market capitalization.
The comparability additionally revealed how massive Dogecoin’s valuation stays regardless of a protracted worth hunch. In distinction, large-cap tokens like Bitcoin (BTC) have drawn steadier institutional demand this 12 months. Dogecoin, in the meantime, has spent a lot of 2026 grinding via a 19-month price downtrend, and the token’s dominance throughout the meme coin sector has slipped, too.
(*11*)Dogecoin’s Market Cap Still Leads the Race
DOGE trades close to $0.0698, down about 0.63% over the previous 24 hours.
That worth places Dogecoin’s market cap at roughly $10.84 billion. The rating locations the coin eleventh amongst all cryptocurrencies by market worth, and the full nonetheless dwarfs the film’s opening weekend gross by a large margin. That hole explains why the joke wanted eleven repeat showings to shut.
Dogecoin set that all-time high at $0.73158 on May 8, 2021, throughout its first main rally. Today’s worth, due to this fact, sits roughly 90 % beneath that peak, although the token nonetheless holds a top-15 market cap regardless of the drop.
Meanwhile, the broader meme coin dominance has slipped to a two-year low. Rivals like Shiba Inu (SHIB) are nonetheless ready on a broader meme season revival of their very own.
Traders have additionally confronted meme coin selling pressure on Binance this 12 months, as capital retains rotating towards tokens with clearer fundamentals. Grayscale has argued that the market more and more rewards utility over hype. That shift may make Dogecoin’s subsequent rally more durable to engineer than its final one.
Spider-Man could maintain the field workplace document for now. Dogecoin’s market cap, nevertheless, nonetheless units the bar the movie would wish eleven extra weekends to achieve.
The publish Dogecoin Trolls Spider-Man: You’d Need 11 More Record Weekends appeared first on BeInCrypto.