DOGE Surges 3.23% as Whale Accumulation Hits 30 Million Tokens and Trading Volume Tops $1.13B
Dogecoin is currently trading at $0.19678, reflecting a 3.23% increase over the past 24 hours, with a 24-hour trading volume of approximately $1.13 billion and a market capitalization of around $29.66 billion, placing it at #8 among cryptocurrencies. The recent price increase is attributed to heightened whale accumulation, with addresses holding 1–10 million DOGE adding 30 million tokens in the past week, and significant trading activity, including large transactions to major exchanges. Increased investor attention, speculation about a potential Dogecoin ETF, and stabilization after a recent decline have contributed to positive market sentiment and the observed price recovery.