DOGE Surges 7.43% as Bullish Patterns, X Payments, and GENIUS Act Fuel Trading Frenzy

Dogecoin (DOGEUSDT) has experienced a 7.43% price increase over the past 24 hours, rising from 0.25379 to 0.27264 USDT. This upward movement is primarily attributed to bullish technical patterns identified by analysts, such as the "double bottom" and "cup and handle" formations, as well as positive news including the passage of the GENIUS Act and Elon Musk's announcement of DOGE payment integration on the X platform. These developments have driven increased market activity, with DOGE becoming the second highest traded coin by volume on Upbit in Korea and significant accumulation by large holders. Currently, Dogecoin is trading at 0.27264 USDT with a notable surge in trading volume and market capitalization, reflecting strong trader interest and a continuation of its recent bullish trend, though some technical indicators suggest the asset is approaching overbought levels.