DOGE Surges 2% as Whale Accumulation and ETF Speculation Drive $460M in Daily Trading
Dogecoin (DOGEUSDT) has seen a 2.07% price increase over the past 24 hours, with the current price at $0.20130 on Binance. This recent upward movement is primarily attributed to increased whale accumulation, a rise in open interest for DOGE derivatives, and heightened market optimism driven by speculation around a potential Dogecoin ETF and expectations of Federal Reserve rate cuts. Additional positive sentiment is supported by the active Dogecoin community and influential figures. Over the past week, DOGE has experienced strong gains, with significant trading activity reflected in a 24-hour volume of approximately $460.22 million on Binance and a market capitalization of around $30.35 billion, ranking it among the top 10 cryptocurrencies.