DOGE Surges 10% as Whale Accumulation and Bit Origin Treasury News Drive Market Momentum

Dogecoin (DOGEUSDT) has experienced a notable price increase of 10.04% over the last 24 hours, with the current price at $0.27546 on Binance. This upward movement is primarily attributed to bullish technical patterns, particularly the formation of a "double bottom," significant whale accumulation exceeding one billion DOGE in 48 hours, and positive sentiment following Bit Origin's announcement to add Dogecoin to its corporate treasury. Additional market optimism is fueled by speculation around a potential Dogecoin ETF and a broader resurgence in the meme coin sector.

In the past 24 hours, Dogecoin has seen elevated trading activity, with the price opening at $0.25033 and reaching a high of $0.276966. The 24-hour trading volume has surged, reflecting increased investor interest, and Dogecoin's market capitalization stands at approximately $41.65 billion, ranking it as the 8th largest cryptocurrency. The circulating supply is about 150.17 billion DOGE, and the asset has gained over 33% in the past week, underscoring strong momentum in the current market environment.