12/25/2025 9:59 AM (PST)

Great question! It was definitely a real, though brief, market event that became a huge meme. The "Flappening" specifically refers to what happened in May 2024. For a short period, Dogecoin's (DOGE) market capitalization actually surged past that of Bitcoin Cash (BCH), temporarily knocking BCH out of the top 10 cryptocurrencies by market cap. It's a direct pun on the "Flippening," swapping "Flip" for "Flap" as a nod to the Shiba Inu dog's ears. The event was significant because it wasn't driven by major technological upgrades but by massive social media sentiment and trading volume, highlighting the pure power of community and meme culture in crypto markets. It underscored how assets with strong grassroots support can create surprising volatility and challenge more established projects. If you want a clear, concise breakdown of the specifics—the dates, the numbers, and the context—there's a solid glossary entry that explains it without the hype. It's a perfect reference for understanding these niche crypto moments. Here's the link: https://paybis.com/blog/glossary/flappening/