DOGE Surges 2.87% Amid Binance Anniversary, Whale Accumulation, and Federal Reserve Rate Cut Hopes

Dogecoin (DOGEUSDT) is currently trading at 0.17235 on Binance, reflecting a 2.87% increase over the past 24 hours with a 24-hour open of 0.16754. The recent price rise is attributed to heightened trading activity surrounding Binance’s 8th anniversary promotions, where Dogecoin is featured, as well as broader market optimism linked to expectations of potential Federal Reserve rate cuts and ongoing U.S. tariff negotiations. Additional factors include notable whale wallet accumulation and increased social media attention, such as NBA legend Scottie Pippen adding DOGE to his watchlist and public discussions about Dogecoin’s potential use in government initiatives. The 24-hour trading volume stands near $894.67 million, and Dogecoin maintains a market capitalization of approximately $25.86 billion, ranking it as the ninth largest cryptocurrency by market cap.