DOGE Surges 2% as $8.2M Inflows and Record 108M Addresses Signal Growing Adoption
Dogecoin (DOGEUSDT) has experienced a 2.04% increase over the last 24 hours, with the current price at $0.17027 on Binance and a 24-hour opening price of $0.16687. The recent price movement is attributed to a net inflow of $8.2 million into spot wallets and a 112% increase in large holder activity, signaling heightened investor engagement. Additionally, Dogecoin’s network growth—reaching an all-time high of approximately 108 million addresses—reflects rising adoption, which has supported bullish sentiment. Despite facing resistance near the $0.19 level and intermittent sell-offs, the coin’s robust trading volume (ranging from $877 million to $1.25 billion in the past 24 hours) and strong market capitalization of around $25.55 billion underscore sustained market interest and activity.