DOGE Price Jumps 2.1% Amid $1.43B Volume as Political News and Bitcoin Rally Fuel Surge

Dogecoin (DOGE) has experienced a notable price increase in the past 24 hours, rising 2.10% to $0.19140 on Binance, with trading volume exceeding $1.43 billion and a market capitalization near $28.86 billion. The recent price movement is primarily attributed to heightened trading activity linked to political developments involving Elon Musk and former President Donald Trump, alongside broader bullish sentiment in the cryptocurrency market driven by Bitcoin’s surge to $110,000, renewed US-China trade discussions, and the SEC’s approval of new crypto ETFs. Technical analysis shows DOGE consolidating below the $0.20 resistance after reclaiming key levels, with continued investor interest supported by its ranking as a top-three cryptocurrency for investment in 2025.