DOGE Token Rises 2.26% as $9.18M Net Outflows and $1.55B Volume Fuel Market Momentum

Dogecoin (DOGEUSDT) experienced a 2.26% price increase over the last 24 hours, trading at $0.19989 on Binance. The recent price movement is attributed to a combination of factors, including $9.18 million in net outflows from centralized exchanges, which reduced available supply and may have supported upward price pressure. Additionally, strong trading activity—over $1.55 billion in 24-hour volume and significant interest in meme coins—contributed to volatility, with traders responding to both bullish signals (such as holding above key support levels) and cautionary technical indicators (including resistance near $0.205). Dogecoin remains actively traded, with a circulating supply exceeding 150 billion tokens and a market capitalization around $29.5 billion, reflecting its continued prominence in the cryptocurrency market.