DOGE Token Sees 3.42% Drop Amid Volatility, Whale Inflows and Surging Options Activity on Binance

Dogecoin (DOGEUSDT) experienced a 3.42% price decrease over the past 24 hours, with the current price at 0.16373 USDT on Binance. The decline is attributed to recent market volatility affecting major cryptocurrencies, as well as mixed trading signals and profit-taking after a short-term rebound from recent lows. Increased futures open interest (+15.78%) and a significant rise in options volume (+402%) suggest heightened speculative activity, while whale inflows of $8.23 million indicate ongoing large-player involvement. Despite the pullback, Dogecoin maintains strong trading activity, with over 709 million DOGE traded on Binance in the last 24 hours, and remains the 9th largest cryptocurrency by market capitalization.