In the last 24 hours, Dogecoin (DOGE) has seen a trading volume jump of 328%, reaching $1.5 billion. This surge is linked to increased investor interest following a weekend price bounce.
The price of DOGE increased by over 5%, reaching an intraday high of $0.177. A golden cross on the hourly chart suggests bullish momentum, potentially attracting more traders.
Whale wallets have been actively accumulating Dogecoin, reflecting renewed confidence among larger investors. Additionally, futures open interest for DOGE has reached $2.09 billion, indicating growing trader engagement.
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