DOGE Surges 7% Amid Political Buzz and $1B Volume, Retains Top 10 Crypto Status

Dogecoin (DOGEUSDT) has experienced a notable price increase of 7.05% over the past 24 hours, rising from 0.16039 to 0.17169 on Binance. This upward movement is attributed to renewed bullish momentum following the reclaiming of the $0.16400 demand zone, increased trading activity, and heightened market volatility connected to recent political developments involving prominent figures such as Donald Trump and Elon Musk. Additionally, capital rotation from the memecoin sector toward larger assets like Bitcoin and Ethereum has contributed to market fluctuations, with Dogecoin recording the highest realized losses among the top ten cryptocurrencies in the past month. Currently, Dogecoin is trading at 0.17169 with a 24-hour trading volume exceeding $1 billion and a market capitalization of approximately $25.6 billion, maintaining its position as the ninth-largest cryptocurrency by market cap.