DOGE Surges as $500M Treasury Move, Payment Integration Talks, and Record Futures Fuel Market Buzz

Dogecoin (DOGEUSDT) experienced heightened market activity in the past 24 hours, with price movements influenced by Bit Origin Ltd's $500 million DOGE treasury reserve initiative, discussions around DOGE integration into payment systems like X Money, and increased derivatives market participation as DOGE futures open interest reached a record $16.24 billion. Positive sentiment was further supported by social media trends and recent announcements linked to Elon Musk, contributing to a bullish rally earlier in the week.

As of the latest Binance data, DOGEUSDT is trading at $0.24284, reflecting a 2.40% decrease over the last 24 hours from an open of $0.24881. Despite the recent pullback, Dogecoin maintains strong trading volume and a market capitalization near $35.64 billion, ranking it 8th among cryptocurrencies, with recent weeks showing significant gains and continued investor interest.