DOGE Surges 3.36% as Whales Buy $200M and ETF Approval Odds Hit 74%

Dogecoin (DOGEUSDT) experienced a 3.36% price increase over the past 24 hours, rising from 0.19959 to 0.20630 USDT on Binance. This upward movement is primarily attributed to significant whale accumulation, with approximately 310 million DOGE purchased and total whale acquisitions reaching $200 million, as well as heightened optimism surrounding the potential approval of a Dogecoin spot ETF, which has seen its probability rise to 74% by year-end. Additionally, the Binance Long/Short Ratio of 2.98, with 75% of traders holding long positions, indicates prevailing bullish sentiment. Dogecoin currently trades at 0.20630 USDT, with a 24-hour trading volume of approximately $1.36 billion and a market capitalization of about $30.64 billion, ranking it #9 among cryptocurrencies.