DOGE Token Jumps 8.93% Amid 600M Transfer, X Platform Speculation, and $1.37B Trading Surge

Dogecoin (DOGEUSDT) experienced a sharp 8.93% price increase over the past 24 hours, rising from a 24h open of $0.15122 to a current Binance price of $0.16472. This price surge is primarily attributed to heightened trading activity following the transfer of over 600 million DOGE across exchanges, renewed speculation about potential integration of DOGE on Elon Musk’s X platform, and strong technical support at the $0.145–$0.153 levels. The broader crypto market’s volatility, including over $1.02 billion in liquidations, also contributed to increased trading volumes and rapid price movements. Dogecoin’s market cap remains in the $23.83–$24.69 billion range, with 24-hour trading volume surging to $1.26–$1.377 billion, reflecting robust trader engagement and resilience amid overall market uncertainty.