DOGE Surges 6.76% as Whale Accumulation Tops 1 Billion Amid Volatile Trading and High Volume

In the last 24 hours, DOGEUSDT experienced a notable price increase of 6.76%, rising from 0.19960 to 0.21309, as reported by Binance. This price movement is primarily attributed to a surge in trading volume driven by institutional selling, significant whale accumulation exceeding 1 billion DOGE, and a wave of liquidations, which together injected volatility into the market. Additional factors include mixed signals from technical indicators, with resistance observed near the 0.217–0.220 range and ongoing cautious sentiment among traders due to recent ETF outflows and broader market pressures.

Currently, DOGEUSDT is trading at 0.21309 with a 24-hour trading volume ranging from $1.19 billion to $1.74 billion, maintaining its position among the top 10 cryptocurrencies by market capitalization.