Dogecoin Volume Soars 60% as Whales Move Millions in Transactions

Dogecoin experienced a dramatic 60% surge in trading volume over the past 24 hours, exceeding $2 billion and signaling renewed activity from both individual and institutional investors. While this spike in activity is noteworthy, Dogecoin’s price remained relatively unchanged, with the token trading near $0.21 – down slightly for the day and holding a modest decline for October. This disconnect between volume and price raises questions about whether Dogecoin will break free from its recent slump or continue to decline.