DOGE Surges 2.13% as Whale Accumulation, Technical Breakout, and $20M Transfer Drive Bullish Momentum
Dogecoin is currently trading at $0.19637 with a 24-hour price increase of 2.13%, a trading volume of approximately $1.10–$1.12 billion, and a market cap near $29.5 billion, ranking it as the 8th largest cryptocurrency. The recent price movement is driven by several factors: a notable technical breakout of the DOGE/BTC pair above key resistance, increased whale accumulation of over 1.4 billion DOGE in the past month, heightened network activity with a surge in daily active addresses, and a large $20 million transfer to Coinbase, all of which have contributed to renewed bullish sentiment and higher trading volumes.