DOGE Surges 2.57% as Elon Musk’s Political Move, Whale Activity, and ETF Buzz Drive Momentum

Dogecoin (DOGEUSDT) has seen a 2.57% price increase over the last 24 hours, with the current price at $0.17123 on Binance. This recent upward movement is primarily attributed to heightened social media attention following Elon Musk’s announcement of a new political party, which has historically influenced Dogecoin’s price, as well as increased whale accumulation and a bullish technical breakout observed by market analysts. Additional factors include anticipation around U.S. regulatory discussions during the upcoming "Crypto Week" and the SEC’s delayed decision on the 21Shares Dogecoin ETF, which has introduced some mixed sentiment. Trading volume remains high, and Dogecoin holds a strong market position with a market capitalization near $25.67 billion and a circulating supply of approximately 150 billion DOGE.