DOGE Surges 3.95% Amid $1.93B Trading Volume and Falling Wedge Breakout Optimism

Dogecoin (DOGEUSDT) has seen a 3.95% price increase over the last 24 hours on Binance, rising from 0.14688 to 0.15268, with net capital inflows of 16.03 million and notable trading volume. This recent price movement is attributed to renewed market optimism following bullish technical analyses, including the observation of a "Falling Wedge" pattern and predictions of a potential breakout, as well as increased interest in traditional financial products like the Grayscale Dogecoin Trust. Despite mixed views among analysts, DOGE's strong performance and substantial trading activity, with a 24-hour volume reaching up to $1.93 billion and a market capitalization of approximately $24.6 billion, reflect heightened investor engagement and ongoing volatility in the market. No recent protocol updates or major new events were reported.