DOGE Surges 2.16% on Binance Amid ETF Speculation, Musk Announcement, and Network Growth

Dogecoin (DOGEUSDT) has seen a 2.16% price increase over the past 24 hours on Binance, rising from 0.16915 to 0.17281. This recent upward movement is primarily attributed to heightened market activity following speculation about a potential Dogecoin ETF and renewed interest driven by Elon Musk's announcement of his "America Party," which has sparked discussions about possible integration of Dogecoin. Additionally, the ongoing Binance VIP promotion and a 5% increase in Dogecoin network addresses since January have contributed to increased trading volume and market engagement. Currently, Dogecoin trades at 0.17281 on Binance, with active 24-hour trading volumes and a market capitalization near $26 billion, maintaining its position as the 9th largest cryptocurrency by market cap.