DOGE Surges 6.74% as Whale Accumulation, Musk-Trump Buzz, and $86M Liquidations Drive Volatility
Dogecoin (DOGEUSDT) experienced notable price volatility and a 6.74% increase over the last 24 hours, with the current price at $0.18588 according to Binance data. The price movement is attributed to heightened market activity following public interactions between Elon Musk and Donald Trump, which contributed to increased trading volumes and over $86 million in liquidations. Additional bullish sentiment was driven by ongoing whale accumulation, technical signals such as a double bottom pattern, and speculation regarding Dogecoin’s potential integration into Elon Musk’s "X" app.
Market metrics show a robust 24-hour trading volume of approximately $1.74 billion, a market capitalization near $27.4 billion, and a circulating supply of about 150 billion DOGE, positioning Dogecoin among the top cryptocurrencies by market cap.