DOGE Surges 3.92% as Thumbzup Eyes Treasury Addition, Trading Volume Hits $11.91 Billion

Dogecoin (DOGE/USDT) has experienced a 3.92% price increase over the past 24 hours, currently trading at 0.20614 USDT on Binance. The recent price movement is largely attributed to positive technical signals, including a sustained position above key support levels and a bullish breakout above the 50-day trendline. Additional momentum was generated by news that Thumbzup, a media company with Donald Trump Jr. as a significant stakeholder, is considering adding Dogecoin to its treasury, which contributed to increased speculative interest and buying activity. Broader market sentiment has also been influenced by ongoing discussions involving prominent figures such as Elon Musk and former President Trump, as well as overall positive trends in the cryptocurrency market.

In the last 24 hours, Dogecoin has seen strong trading activity, with reported volumes ranging up to $11.91 billion and a market capitalization estimated between $30.15 billion and $31.9 billion. The asset remains one of the top-traded cryptocurrencies, reflecting robust investor interest and active market participation.