DOGE Surges 5.69% as Whales Buy 325 Million Tokens, Pushing Trading Volume Past $2.23 Billion

Dogecoin (DOGEUSDT) has experienced a notable price increase over the last 24 hours, rising by 5.69% to $0.15026. This surge is primarily attributed to significant whale accumulation, with over 325 million DOGE purchased by large holders within a 12-hour period, leading to heightened trading activity and pushing the price past previous resistance levels. Increased trading volume and bullish sentiment have further supported the rally, alongside broader gains in the memecoin market and a strong imbalance in futures positions favoring long trades. Currently, Dogecoin ranks ninth by market capitalization at approximately $25.09 billion, with a 24-hour trading volume exceeding $2.23 billion, reflecting robust market engagement and momentum.