DOGE Surges 12% as Whale Accumulation, ETF Speculation, and Tesla Integration Drive $3B+ Interest

Dogecoin (DOGEUSDT) has seen a 12.00% price increase in the last 24 hours, rising from 0.22133 to 0.24788, primarily driven by significant whale accumulation of over 1 billion DOGE, heightened speculation regarding a potential Dogecoin ETF, and Tesla's announcement of Dogecoin payment integration for select merchandise. These developments have contributed to a surge in institutional interest and bullish market sentiment, with open interest remaining above $3 billion and trading volume reaching between $3.20 billion and $4.08 billion. Dogecoin is currently trading at 0.24788, with a market capitalization of approximately $37.23 billion, ranking it as the eighth largest cryptocurrency by market cap.