DOGE Surges 5% as Spot ETF Announcement, $1.95B Volume and Community Events Drive Rally

Dogecoin (DOGEUSDT) has risen 5% in the last 24 hours, with the price currently at $0.14600 and trading volume reaching approximately $1.95 billion. This price surge is largely attributed to increased market liquidity following the recent US PMI data release, renewed interest in meme coins spurred by Bitcoin’s positive momentum, and investor confidence driven by the announcement of a spot Dogecoin ETF from 21Shares. Additional support came from Dogecoin-focused community engagement events organized by Binance and ongoing strategic integrations in regulated markets such as Japan. Dogecoin remains among the top 10 cryptocurrencies by market capitalization, maintaining high activity and strong support above key price levels.