DOGE Surges 5.69% as 310M Tokens Accumulated and New ETP Launch Fuels Bullish Momentum

Dogecoin (DOGEUSDT) has experienced a 5.69% price increase over the past 24 hours, with the current price at 0.21054 USDT according to Binance data. This upward movement is attributed to several factors, including significant accumulation by large holders—over 310 million DOGE in the past week—and the launch of a new Dogecoin ETP on the SIX Swiss Exchange, which has likely contributed to increased investor interest and trading activity. Additionally, technical indicators such as the Stochastic Oscillator and RSI are signaling a recovery from oversold conditions, supporting the recent price rebound. The 24-hour trading volume remains robust at approximately 1.24 to 1.78 billion USD, and Dogecoin’s market capitalization is around 31.32 billion USD, placing it among the top 10 cryptocurrencies. Overall, Dogecoin is showing short-term bullish momentum amid heightened market activity and renewed institutional interest.