DOGE Surges 1.91% as ETF Speculation, Major Transfers, and DeFi Integration Drive Momentum

Dogecoin (DOGE) experienced a 1.91% price increase over the past 24 hours, with the current price at $0.20103 on Binance. The upward movement is primarily attributed to a strong market recovery following a recent flash crash, significant trading volume spikes, and renewed bullish sentiment among both retail and institutional investors. Notable drivers include a large transfer of 155 million DOGE to Robinhood, speculation regarding a potential DOGE ETF with a 51% estimated approval chance in 2025, and increased utility through DeFi integration on the Coinbase-backed Base network. Technical analysis indicates DOGE rebounded from key support levels, establishing new resistance near $0.199, supported by high trading activity and positive momentum. Dogecoin remains ranked #8 by market capitalization, with a 24-hour trading volume of $1.66 billion and continued strong interest from the broader crypto community.