DOGE Surges 4.23% as Whales Accumulate 230 Million Tokens Amid $2.66B Trading Boom

Dogecoin (DOGEUSDT) has experienced a 4.23% price increase over the past 24 hours, currently trading at $0.22289 on Binance. This upward movement is primarily attributed to substantial accumulation by large holders ("whales"), who purchased over 230 million DOGE in the last day, alongside a broader market rally and increased institutional inflows. Trading volume surged to $2.66 billion, reflecting heightened market participation and continued investor interest. Dogecoin remains a leading memecoin with a market capitalization of approximately $33.52 billion, and its recent performance is supported by strong buying activity and positive sentiment across the cryptocurrency sector.