DOGE Token Jumps 1.89% After Musk-Trump Talks, Golden Cross Signals Bullish Momentum

In the last 24 hours, DOGEUSDT has risen by 1.89%, trading at 0.17262 USDT on Binance. This price increase is primarily attributed to renewed social media attention following discussions between Elon Musk and Donald Trump about Dogecoin, which has heightened market interest and contributed to increased trading activity. Technical analysis also indicates bullish signals, such as a golden cross on the hourly chart, supporting positive sentiment. However, the broader market remains volatile, with mixed signals and caution among traders due to recent fluctuations and resistance levels.

Currently, Dogecoin's 24-hour trading volume is approximately $1.287 billion USD, with a market capitalization of about $25.8 billion and a circulating supply near 149.95 billion DOGE. Despite the recent daily gains, the asset has experienced an 11.73% decline over the past month but remains up 45.45% year-over-year, reflecting its ongoing prominence and sensitivity to social and market trends.