DOGE Surges 6.36% as Whale Accumulation Nears 1 Billion Tokens, Market Confidence Rebounds

Dogecoin (DOGEUSDT) has experienced a 6.36% price increase over the past 24 hours, rising from 0.20070 to 0.21347 on Binance. This upward movement is attributed to significant whale accumulation, with nearly 1 billion DOGE added to large wallets in a single day, boosting market confidence and driving buying activity. Despite recent technical weakness following a 30% correction from July highs and a period of consolidation between $0.19 and $0.22, the surge in trading volume (between $1.21 billion and $1.73 billion) and increased market participation have contributed to the latest price rebound. Dogecoin currently trades at 0.21347 with a market capitalization of approximately $32.2 billion and a circulating supply of about 150.42 billion DOGE, ranking it among the top cryptocurrencies by market cap.