DOGE Surges 9% as Whale Accumulation, US Policy Shifts, and Bullish Sentiment Drive Rally

Dogecoin (DOGEUSDT) has experienced a notable price increase of 9.00% over the past 24 hours, with the current price at $0.26336 on Binance. This surge is primarily attributed to renewed market optimism driven by positive political developments in the United States, including the passage of a key stablecoin bill and discussions around regulatory innovation exemptions, as well as high-profile endorsements and speculation about broader cryptocurrency adoption in retirement markets. Additional bullish momentum has been fueled by significant whale accumulation, strong social media sentiment (reported at 89% bullish), and technical breakouts identified by analysts.

Dogecoin is currently trading near its recent highs, with a 24-hour open of $0.24161 and substantial trading volume increases, reflecting heightened investor interest and activity. The asset remains the 8th largest cryptocurrency by market capitalization, with its price consolidating after reaching a one-month high amid increased volatility and profit-taking.