DOGE Surges 3.24% as Whale Accumulation and Technical Breakout Drive $4B Trading Volume

Dogecoin (DOGEUSDT) has seen a 3.24% price increase over the past 24 hours, currently trading at 0.24413 USDT on Binance. This upward movement is primarily attributed to significant whale accumulation, with around 310 million DOGE acquired by large holders in the past week and notable transfers to Binance, alongside heightened trading activity reflected in a 24-hour volume of approximately $4.07 billion. Additional bullish sentiment stems from technical developments, such as the formation of a cup and handle pattern and a breakout above key resistance levels, as well as ongoing advancements in Dogecoin’s utility, including proposals for zero-knowledge proofs and the development of DogeOS. Overall, Dogecoin maintains strong market momentum, ranking among the top cryptocurrencies by market capitalization and attracting increased investor interest.