DOGE Surges 9.55% as Whale Accumulation Jumps 112% and Thumbzup Eyes Treasury Addition
Dogecoin (DOGEUSDT) experienced a 9.55% price increase over the last 24 hours, rising from a 24h open of $0.18087 to a current price of $0.19814 on Binance. This upward movement is primarily attributed to renewed investor interest following the announcement by Thumbzup, a media company with ties to Donald Trump Jr., regarding the potential addition of Dogecoin to its treasury. Additional factors influencing sentiment include speculation about Dogecoin's possible integration into Elon Musk's "X" app and a notable surge in whale accumulation, which increased by 112% over the past week. The SEC's decision to delay ETF approvals, including for DOGE, has extended regulatory uncertainty but has not dampened recent positive momentum. Overall, Dogecoin's market capitalization is estimated between $27.13 billion and $29.71 billion, with 24-hour trading volume ranging from $1.55 billion to $2.37 billion, reflecting strong trading activity and positioning DOGE among the top cryptocurrencies by market size.