As the hype around the news mount, approximately $1.7 billion has been pumped into Dogecoin’s market capitalization in an extremely short period of time pushing the meme coin’s market cap to reach $12.76 billion, the highest figure since December 2022.
That's nothing, it was even higher than that value when Dogecoin nearly hit $0.7 back in 2021. It was about $88.8 billion
Source -
https://www.globaldata.com/data-insights/financial-services/dogecoins-market-capitalization-history/I don't see any big deal here.