DOGE Surges 3.25% Amid Meme Coin Rally and $657M Token Unlocks Fuel Market Activity

Dogecoin (DOGEUSDT) has experienced a 3.25% price increase over the past 24 hours, currently trading at 0.15330 USDT on Binance, with a 24-hour opening price of 0.14847 USDT. The recent price rise is primarily attributed to heightened market activity during the ongoing meme coin rally, strong social media engagement, and increased open interest in DOGE derivatives. Whale addresses holding significant leveraged long positions, alongside anticipation of $657 million in token unlocks, including DOGE, have also contributed to market volatility and trading volume. The asset’s market capitalization stands at approximately $25.42 billion, with a 24-hour trading volume near $2 billion, and price fluctuations between $0.14630 and $0.15451 USDT reflecting continued investor interest and elevated trading activity.