DOGE Surges 5% as Whale Accumulation Tops 1 Billion, Trading Volume Hits $2.5 Billion

Dogecoin (DOGEUSDT) has experienced a notable price increase of 5.02% in the last 24 hours, rising from 0.23094 to 0.24253 on Binance. This upward movement is primarily attributed to significant whale accumulation exceeding 1 billion DOGE, increased trading volume, and a recent rebound from the $0.2200 support zone, which has strengthened bullish sentiment. Additionally, institutional selling activity and resistance near the $0.2335–0.2340 range have contributed to heightened volatility and mixed market sentiment. Currently, Dogecoin is trading at 0.24253 with a 24-hour volume exceeding $2.5 billion and a market capitalization around $36 billion, ranking #8 by CoinMarketCap.