DOGE Surges 5.98% as Record Futures Interest and Regulatory News Fuel $40B Market Cap

Dogecoin (DOGEUSDT) has experienced a 5.98% price increase over the past 24 hours, rising from 0.25337 to 0.26853 on Binance. This upward movement is primarily attributed to heightened market activity, including record futures open interest of $3.78 billion, increased trading volumes, and positive sentiment following news of Thumzup Media's treasury purchase of Dogecoin and other major cryptocurrencies. Additional momentum has been driven by broader regulatory discussions, such as the SEC's consideration of an "Innovation Exemption" and potential policy changes allowing U.S. retirement funds to invest in cryptocurrencies. Dogecoin's market capitalization stands at approximately $40 billion, with a 24-hour trading volume exceeding $6 billion, reflecting strong investor interest and bullish sentiment.