DOGE Surges 5.91% as Trading Volume Hits $2.7B and Whales Drive Top-Ten Momentum
Dogecoin (DOGEUSDT) has experienced a 5.91% price increase over the past 24 hours, currently trading at $0.14247 on Binance. This surge is primarily attributed to a combination of increased trading volume—up over 42% to more than $2.7 billion—and heightened market activity from large-wallet investors ("whales"). Recent news highlights include technical consolidation above key support zones, notable short liquidations totaling $1.805 million, and strong interest driven by analyst discussions about future price targets and patterns. These factors, along with reports of positive momentum in the broader memecoin sector, have contributed to Dogecoin’s current position as a top-ten cryptocurrency, supported by its market capitalization of approximately $24 billion and circulating supply near 170 billion tokens.