DOGE Surges 5% as Whale Accumulation and Golden Cross Drive $4B Trading Volume

Dogecoin (DOGEUSDT) has seen a notable price increase of 5.09% over the past 24 hours, with the current price at $0.24748 on Binance. This upward movement is primarily attributed to significant whale accumulation, with large investors acquiring approximately 2 billion DOGE in the past week, and the formation of a golden cross, where the 50-day moving average crossed above the 200-day moving average, signaling bullish technical momentum. The surge in price has been accompanied by robust trading volumes, exceeding $4 billion, and Dogecoin’s market capitalization now stands near $37 billion, ranking it among the top cryptocurrencies. The combination of increased whale activity, positive technical indicators, and heightened trading interest has contributed to Dogecoin’s recent outperformance relative to the broader crypto market.