DOGE Surges 3.15% as Whale Accumulation Tops 300 Million—Golden Cross Signals Bullish Momentum

Dogecoin (DOGEUSDT) has experienced a 3.15% price increase over the past 24 hours, rising from 0.20209 to 0.20846 USDT on Binance. This upward movement is primarily attributed to significant whale accumulation, with over 300 million DOGE transferred to cold storage in the past week, and technical indicators such as the 4-hour RSI approaching historically bullish levels. Despite the absence of recent protocol updates or major events, renewed retail interest and bullish chart patterns, including a "Golden Cross," have contributed to positive sentiment. However, overall market conditions remain mixed, with recent volatility and weak open interest and funding rates reflecting ongoing caution among traders.

Currently, Dogecoin is trading at 0.20846 USDT with a 24-hour trading volume of approximately $1.71 billion, a market capitalization near $30.96 billion, and a circulating supply of about 150.39 billion DOGE, ranking it as the ninth largest cryptocurrency by market cap.