DOGE Sees 2.27% Dip After Bullish Surge: 1.56 Billion Tokens Traded on Binance in 24 Hours

Dogecoin (DOGEUSDT) experienced a 2.27% price decrease over the past 24 hours, with the current price at 0.26016 USDT on Binance. The recent price movement follows a period of heightened activity and bullish sentiment, driven by increased open interest in DOGE futures, positive news such as Bit Origin allocating 40.5 million DOGE to its treasury, and broader optimism in the crypto market from developments like Charles Schwab's crypto trading plans and policy discussions around cryptocurrency in retirement accounts. Despite a strong rally last week and significant trading volumes—Binance reporting 1.56 billion DOGE traded in 24 hours—short-term resistance near $0.2840 and profit-taking have contributed to the recent pullback. Dogecoin's market capitalization remains robust, estimated between $38 billion and $41 billion, with a circulating supply of approximately 150.21 billion DOGE. Overall, while bullish signals persist, recent volatility and resistance levels have led to a short-term price correction.