DOGE Surges 4.18% as $450M Options Expire and Whales Accumulate $1.5B in Tokens

Dogecoin (DOGEUSDT) experienced a 4.18% price increase over the last 24 hours, rising from a 24h open of $0.22438 to a current price of $0.23377 on Binance. This upward movement is primarily attributed to heightened market activity surrounding the expiration of $450 million in DOGE options on August 15 and significant futures liquidations totaling $229 million in long positions, which increased volatility and trading interest. Additional bullish sentiment was driven by analyst predictions highlighting key technical patterns and whale accumulation, with reports of a major holder acquiring $1.5 billion in DOGE and ongoing buying activity from large investors. Dogecoin maintains strong market metrics, with a market capitalization of approximately $34.51 billion, a circulating supply of 150.53 billion DOGE, and robust 24-hour trading volume exceeding $3 billion, reflecting sustained investor engagement and liquidity.