DOGE Surges 6.71% on Binance as Spot ETF Approval and Whale Activity Ignite $1.83B Trading
Dogecoin (DOGEUSDT) experienced a significant price increase of 6.71% in the last 24 hours, rising from 0.13914 to 0.14847 on Binance. This upward movement is primarily attributed to a technical breakout above a multi-week falling wedge, renewed ETF-related optimism following SEC approval of the spot Dogecoin ETF (TDOG), and heightened whale activity that led to rapid liquidation of leveraged positions. These factors contributed to increased volatility and robust market interest, with 24-hour trading volume reaching approximately $1.83 billion and market capitalization holding near $24.97 billion. Dogecoin is currently trading actively near $0.15, with its position among the top 10 cryptocurrencies supported by strong liquidity and institutional attention.