DOGE Surges 3.51% as Grayscale ETF Filing, $200M Inflow, and Whale Moves Drive Momentum
Dogecoin (DOGEUSDT) has experienced a 3.51% price increase over the past 24 hours, rising from a 24h open of 0.22229 to a current price of 0.23010 USDT on Binance. This upward movement is primarily attributed to several significant developments: Grayscale's filing for a spot Dogecoin ETF, a $200 million market inflow, and notable whale activity including the transfer of 900 million DOGE to Binance. Technical analysis has identified bullish patterns such as the "cup and handle," contributing to optimistic sentiment and increased trading activity. Dogecoin's market capitalization is approximately $34.46 billion, with a 24-hour trading volume of $3.23 billion and a circulating supply of about 150.53 billion DOGE, reflecting heightened interest and volatility in the market.