DOGE Surges 13% as $500M Treasury Announcement and Bullish Signals Drive Top 10 Momentum

Dogecoin (DOGEUSDT) has experienced a significant 13.11% price increase over the past 24 hours, rising from 0.21070 to 0.23833 on Binance. This upward momentum is attributed to several key factors: Bit Origin Ltd's announcement of $500 million in financing to establish a Dogecoin treasury, which has boosted institutional interest; technical indicators signaling a bullish trend, including a recent EMA crossover and strong whale accumulation; and renewed optimism following reports of potential bullish waves in 2025. Additionally, broader market sentiment has been influenced by ongoing U.S. regulatory developments and increased attention from major financial institutions.

Currently, Dogecoin is trading at 0.23833 with robust 24-hour trading volumes and a market capitalization placing it among the top 10 cryptocurrencies, reflecting strong investor interest and heightened activity in the market.