DOGE Surges 12% as Whale Accumulation and Executive Order Fuel $200M Rally on Binance

Dogecoin (DOGEUSDT) experienced a notable price increase of 5.22% in the last 24 hours, rising from 0.21639 to 0.22768 on Binance. This upward movement is primarily attributed to significant whale accumulation, with large holders acquiring over 1 billion DOGE and a $200 million purchase triggering a $3 million short squeeze. Additional bullish momentum followed news of a major executive order that could allow cryptocurrencies in 401(k) retirement plans, driving a 12% price jump and heightened market optimism. Increased trading activity is reflected in a robust 24-hour volume of approximately $2.63–$2.82 billion and a market capitalization near $33–$34 billion, with Dogecoin outperforming most top cryptocurrencies over the past year.