DOGE Jumps 2.49% as Nasdaq Launches Dogecoin ETF and Trading Volume Nears $1 Billion

Dogecoin (DOGEUSDT) is currently trading at $0.12527 on Binance, reflecting a 2.49% increase over the past 24 hours with an opening price of $0.12223. This positive price movement is attributed to a recent technical rebound from support levels, increased bullish sentiment following Bitcoin’s upward momentum, and ongoing interest from institutional players highlighted by the recent launch of a Dogecoin ETF on Nasdaq (TDOG). No major protocol updates, partnerships, or announcements have been reported in the past week, suggesting that the recent price action is primarily driven by market dynamics and technical factors. Trading volume in the last 24 hours was reported around $979 million, with Dogecoin maintaining its position as a top 10 cryptocurrency by market capitalization at approximately $20.89 billion, and a circulating supply near 170 billion DOGE.