DOGE Surges 3.93% as Large Holders Accumulate 270M Tokens Amid ETF Speculation and Meme Coin Rally

Dogecoin (DOGEUSDT) has risen 3.93% in the past 24 hours, with the current price at $0.20649 according to Binance data. The price increase is primarily attributed to significant accumulation by large holders, with over 270 million DOGE acquired, and heightened market optimism driven by increased futures open interest and discussions around a potential Dogecoin ETF. No recent protocol updates, partnerships, or upcoming events have been reported, but renewed interest from large investors and a broader revival in the meme coin sector have contributed to the bullish sentiment.

Dogecoin’s 24-hour trading volume stands between $1.58 billion and $1.73 billion, with the price fluctuating from a low of $0.19794 to a high of $0.211911. The asset maintains a strong position among top cryptocurrencies by market capitalization, currently around $30.9 billion, and continues to show notable market activity and investor engagement.