Lead: who, what, when, where, why and how
Dogecoin rally led a broad altcoin uptick over the recent weekend, with Dogecoin jumping about 5.1% to $0.22 as traders reacted to fresh ETF news and on-chain activity. Who moved markets? Retail traders, whales and named actors like Justin Sun boosted interest. What happened? TRON, XRP and Solana also posted gains while Bitcoin stayed muted. When and where? The moves unfolded across global exchanges over the last 24 hours, after Friday’s U.S. unemployment data. Why did prices climb? A proposed REX Shares ETF and DeFi chatter around WLFI (World Liberty Financial DeFi) catalyzed the rally. How did it play out? Increased retail volume and expectations for a Federal Reserve rate cut helped fuel the Dogecoin rally.
Dogecoin rally momentum
Dogecoin rally momentum picked up after the REX Shares ETF filing surfaced. News of potential ETF exposure widened access and lifted retail sentiment. Traders noted Dogecoin’s liquidity made it an easy buy-in for weekend flows. Social channels amplified the story and trading volumes rose on several exchanges.
REX Shares ETF boost
The proposed REX Shares ETF is central to the narrative. A spot-like or themed fund can attract passive flows that benefit meme coins and liquid altcoins. The REX Shares ETF filing reintroduced institutional-style demand, tying directly to the Dogecoin rally and renewed altcoin interest.
TRON, WLFI ripple
TRON gains followed publicity around Justin Sun and WLFI, a World Liberty Financial DeFi token that drew community attention. Sun’s involvement often moves markets, and the WLFI story nudged TRON price action. That chain reaction supported the broader altcoin rally alongside Dogecoin.
XRP and Solana gains
XRP and Solana posted modest advances as part of the altcoin rally. XRP buyers responded to on-chain upticks and renewed speculative positioning. Solana’s performance reflected demand for high-throughput chains during fast-moving retail rallies, reinforcing the Dogecoin rally narrative.
Macro: U.S. unemployment data
Friday’s U.S. unemployment data set the economic stage. Weak headline jobs numbers and inflation above 3% shifted Fed expectations. Traders priced in a higher probability of a September Federal Reserve rate cut, boosting risk-on positioning across crypto.
Why a rate cut matters
A Federal Reserve rate cut can lower real yields and lift risk assets. For crypto, that often means more capital flows into altcoins and a better environment for rallies. The combination of ETF news, WLFI buzz and macro easing helped power the Dogecoin rally.
Frequently asked questions about Dogecoin rally (FAQ)
Q1: what started the Dogecoin rally?
A1: The rally began after news of a proposed REX Shares ETF and increased retail buying following U.S. unemployment data.
Q2: did other altcoins rise with Dogecoin?
A2: Yes. TRON, XRP and Solana showed gains as the broader altcoin rally picked up steam.
Q3: how does a Federal Reserve rate cut affect the rally?
A3: Markets expect a rate cut to increase risk appetite, which can amplify rallies in crypto and altcoins.
Sources to this article
DefiDonkey (2025) ‘Bitcoin price stability ahead of U.S. jobs data keeps traders cautious’, Available at: https://defidonkey.com/en/bitcoin-news/bitcoin-price-stability-ahead-of-u-s-jobs-data/ (Accessed: 8 September 2025).
DefiDonkey (2025) ‘Bitcoin and Ethereum new highs vs Dogecoin underperformance explained’, Available at: https://defidonkey.com/en/market-analysis/bitcoin-and-ethereum-new-highs-vs-dogecoin-underperformance/ (Accessed: 8 September 2025).
