DOGE Jumps 6.48% as Ceasefire and Cloud Mining Spark Surge in Trading and Market Cap

Dogecoin (DOGE) has risen 6.48% over the past 24 hours, with its price moving from 0.15287 to 0.16277 according to Binance data. This price increase is primarily attributed to positive geopolitical developments, notably the announcement of a ceasefire between Iran and Israel, which triggered a broader rally across major cryptocurrencies including Bitcoin and Ethereum. Additional contributing factors include DOGE rebounding from a key technical support zone following last week’s sell-off, renewed investor confidence after a $1 billion liquidation event in the crypto market, and the launch of new DOGE cloud mining services. DOGE currently trades at 0.16277 with a 24-hour trading volume between $1.34 billion and $1.47 billion, a market capitalization in the $21.6–$24.6 billion range, and has posted gains of 13.79% over the last week and nearly 33% over the past month, reflecting strong momentum and heightened trading activity.