DOGE Token Surges 7.47% Amid $25M Liquidations and Soaring Volume After Geopolitical Tensions

Dogecoin (DOGEUSDT) experienced a sharp rebound in the past 24 hours, with the price rising 7.47% from a 24h open of $0.15460 to $0.16615 on Binance. This price surge was primarily driven by over $25 million in DOGE liquidations and a fivefold increase in trading volume following global geopolitical tensions related to U.S. airstrikes on Iran, which contributed to broader crypto market volatility and over $1.2 billion in total liquidations. DOGE’s recovery was supported by strong buying interest after a weekend selloff, with the price rebounding from lows near $0.143 and retesting key technical support at the 100-week SMA. Analysts have identified critical support above $0.14 and resistance near $0.1616, with the current price holding above both levels, reflecting renewed market optimism and elevated trading activity. Dogecoin is currently trading at $0.16615, with a 24-hour trading volume between $1.34 billion and $1.59 billion, a market capitalization of approximately $24.44–$24.88 billion, and a circulating supply of 149.81 billion DOGE, ranking #9 by market cap.