Dogecoin (DOGE), the largest memecoin by market capitalization, has rallied more than 10% in the past 24 hours as memecoins recover across the board. Currently trading at $0.1262, DOGE price has reached its highest value since Sept. 29, marking a 44% climb from its local low of $0.08888 reached on Sept. 6. Trading activity has also spiked up in tandem with DOGE’s price surge. DOGE’s spot trading volumes topped $1.8 billion on Oct. 16, rising by 95% over the last 24 hours and 165% over the last seven days. Its market capitalization has also reclaimed the $18 billion mark, cementing its position…