DOGE Surges 8.51% on Binance as Whales and Rising Payments Adoption Drive Volatility

Dogecoin (DOGEUSDT) experienced an 8.51% price increase over the past 24 hours, rising from a 24h open of 0.11855 to a current price of 0.12864 on Binance. This upswing is attributed to elevated trading volumes and recent profit-taking activity ahead of the New Year, which contributed to short-term volatility and tested market conviction. Whales have demonstrated continued interest with significant DOGE movements, and the community's focus is shifting toward increased utility, reflected in broader adoption for payments through platforms such as Binance Pay. Currently, Dogecoin holds a market capitalization of approximately $21.65 billion and ranks 9th in the crypto market, with 24-hour trading volume around $1.50 billion and a circulating supply of roughly 168.14 billion DOGE, showing sustained volatility and active trading.