{"5b02a26f5628c42aa499c46b7e161f04":" Cover image via U.Today","36dce8e44e16da428ad49d85c84da8dc":"Dogecoin (DOGE) demonstrated bullishness in a key metric, despite plummeting prices on the daily charts. According to CoinMarketCap data, Dogecoin's trading volume spiked 62% over the past 24 hours.","74f115bad16d56a14450f00bb852072d":"DOGE volume now over $2 billion","202d9873a926231781246c77e4323105":"As of press time, the DOGE trading volume has surged to more than $2 billion, marking a 62% spike over the previous day.","4ca01f2892a9c8805a88ed457147bfdb":"This increased trading volume demonstrates increased market activity for DOGE. This means investors are still interested in accumulating the top meme coin.","d9b26d086e436d708f3dc49f4d0fbf74":"Increased volume often indicates growing interest, potentially leading to sustained price upside. With key support around $0.20, analysts see 60% potential gains, possibly targeting $0.32.","68d56a684189ff50c7446204a43dc124":"This prediction aligns with expectations of a positive October close this year. Aligning with the broader \"Uptober trend,\" DOGE has traded in the green for four consecutive years, beginning in October 2021.","fbbad16c81871b8b96f74467e8976c25":"According toCryptorank data, DOGE registered gains of 37%, 105.8%, 9.84% and 41.4% in October 2021, 2022, 2023 and 2024, respectively.","9f69b5d640e7926f5029561810e1a936":"Although DOGE is down 13.2% so far this month, investors are still bullish that the coin will trade in green before October 2025 ends.","1546fa070eaaf2d8b1fae9e152cc8778":"Besides, technical analysis revealed a bullish breakout is imminent for DOGE. Notably, the price has formed a symmetrical triangle pattern on the 12-hour chart.","693ba246183ec297f74b982a3e9ef79d":"This consolidation phase usually follows a major upward move, indicating a potential continuation of the bullish trend.","a96a8d7b4c8b105c9faba5ca7ac8d181":"Factors contributing to volume surge","09d066be135fe787f264560d8f7ebfcd":"Meanwhile, the DOGE price has not yet reflected the rally in trading volumes. In the past 24 hours, the DOGE price has declined by 0.24%, setting the price at $0.2022.","bc46133aca0f06bb7129a358a0047d9c":"Thus, the volume surge appears tied to a broader cryptocurrency market rally. Bitcoin, the top market coin, is climbing toward $115,000, and the Ethereum price is moving close to $4,200.","25e1803b0a29d990f0aab2a338e199b9":"Another key development possibly contributing to the volume surge is the recent spike in Dogecoin whale activity.","b9aa018ccaae3edb4301254433d70e31":"As revealed by the U.Today report, adormant Dogecoin whale with a 36 DOGE seed recently executed a $26.8 million transfer to Binance.","cbfe02e6c7f396e42e91b181361a5353":"Since that activation, the wallet has amassed a sizable position, directing most of the DOGE tokens into Binance.","81e0e4593513e5d99c9d5c4205a1d8f7":"Before this transaction, another dormant DOGE whale reemerged,moving 15.115 million DOGE, valued at about $2.95 million, from Binance.","ccb767c552cdc48c0b3c06f1f0cba6c9":" Read original article on U.Today"}