DOGE Surges 2.92% as Whale Accumulation and Binance Liquidity Drive Trading Volume Higher

Dogecoin (DOGEUSDT) has seen a 2.92% price increase over the past 24 hours, currently trading at 0.22844 USDT on Binance. This upward movement is primarily attributed to bullish market sentiment driven by technical analysis indicating a breakout from a falling wedge pattern, increased buying pressure, and significant whale accumulation totaling approximately 2 billion DOGE. The transfer of 900,000,000 DOGE to Binance for liquidity management has also contributed to heightened trading activity. Dogecoin maintains active trading volumes, with a 24-hour high of 0.23624 USDT and a low of 0.21799 USDT, and a market capitalization estimated around $34.52 billion, ranking it among the top cryptocurrencies.