DOGE Surges 3.93% on Binance Amid Meme Coin Recovery and $2.74B Volume Spike
Dogecoin (DOGEUSDT) experienced a 3.93% price increase in the past 24 hours, currently trading at $0.10749 on Binance. This upward movement is primarily attributed to renewed market interest following broader meme coin recovery efforts and increased trading activity, as reflected by a notable 14.80% jump in 24-hour trading volume and rising search trends. Institutional developments, including enhanced KYC compliance and substantial custody asset reports from Binance, have contributed to heightened confidence and market participation. Despite short-term gains, Dogecoin’s weekly trend remains negative with a decline of about 11.53%, though the current daily volume—ranging from $2.26 billion to $2.74 billion—and market capitalization of approximately $17.73 billion to $18.31 billion signal continued robust activity among the top cryptocurrencies.