DOGE Jumps 9.6% as ETF Optimism and Trading Volume Boost Market Cap to $29.7 Billion

Dogecoin (DOGEUSDT) has experienced a 9.60% price increase over the last 24 hours, rising from a 24h open of $0.18111 to a current price of $0.19850. This surge is attributed to renewed market interest following the U.S. SEC’s decision to shorten the approval period for spot-crypto ETFs, which has increased optimism around potential Dogecoin ETF approval. Additionally, strong support at key technical levels, increased trading activity, and bullish sentiment among traders have contributed to the upward momentum. Dogecoin’s trading volume has seen a substantial rise, and its market capitalization is now approximately $29.71 billion, reinforcing its position as the 8th largest cryptocurrency by market cap.