DOGE Surges 4.53% as ETF Plans, Tesla Payments, and Buenos Aires Adoption Fuel Momentum
Dogecoin (DOGEUSDT) is trading at $0.14394, reflecting a 4.53% increase over the past 24 hours according to Binance data. The recent price rise is attributed to positive fundamental developments such as increasing institutional interest with plans for a Dogecoin ETF by 21Shares, growing real-world adoption including Buenos Aires accepting Dogecoin for tax payments, and technical indicators showing consolidation above strong support levels. Network activity also spiked following Dogecoin’s integration as a payment option on Tesla’s website, contributing to renewed buying interest. Despite the short-term bullish momentum, the overall market remains cautious with resistance observed near $0.14 and trading volume ranging from $824.71 million to $1.27 billion, while market capitalization stands at approximately $22.66 billion to $23.22 billion.
