DOGE Token Jumps 4.5% as Whale Activity and $5.9B Volume Drive Market Surge

Dogecoin (DOGEUSDT) has experienced a 4.50% price increase over the last 24 hours, with the current price at $0.20696, according to Binance data. This upward movement is primarily attributed to heightened whale activity, strong retail participation, and increased trading volume, as well as broader positive sentiment in the cryptocurrency market. News coverage has highlighted Dogecoin’s rally alongside Bitcoin and other major cryptocurrencies, with additional attention from social media and notable figures contributing to market enthusiasm. No protocol updates, partnerships, or major upcoming events have been reported. Trading volume has surged, with the 24-hour volume exceeding $5.9 billion and market capitalization around $31 billion, placing Dogecoin as the 8th largest cryptocurrency by market cap. The price has fluctuated between $0.196262 and $0.21366 in the past day, reflecting active trading and ongoing market volatility.