DOGE Surges 6.72% Amid Elon Musk’s 'America Party' Buzz and $1.13B Trading Volume Spike

Dogecoin (DOGEUSDT) experienced a 6.72% price increase over the past 24 hours, rising from 0.16365 to 0.17464 USDT on Binance. The uptick in price is attributed to heightened social media attention following Elon Musk’s announcement of the 'America Party' and his ongoing public engagement, which has historically influenced Dogecoin sentiment. Additional factors include increased trading activity, with 24-hour volumes ranging from $935 million to $1.13 billion, and positive short-term momentum despite broader market consolidation. Dogecoin’s market capitalization is estimated between $25.39 billion and $25.60 billion, ranking it 9th among cryptocurrencies, with its price fluctuating between $0.16 and $0.18 during the period.