DOGE Surges 6.63% as Buenos Aires Tax Adoption and ETF Filing Drive Trading Boom

Dogecoin (DOGEUSDT) has experienced a 6.63% price increase over the past 24 hours, rising from 0.12322 to 0.13139 USDT according to Binance. This upward movement is primarily attributed to heightened trading volume and renewed market interest following positive U.S. CPI data, alongside several key developments such as Buenos Aires accepting Dogecoin for tax payments, increased speculation around potential Tesla payment integration, and growing institutional involvement with the launch of regulated DOGE futures and a Dogecoin ETF filing. Despite recent whale inactivity and a prior downtrend, active market participation and signs of accumulation have contributed to the current volatility and recovery. The market remains robust with strong trading volume and Dogecoin holding a position among the top cryptocurrencies by market capitalization.