Dogecoin Price Soars 10% as Smart Contracts and Whale Activity Fuel Surge

Dogecoin surged nearly 10% in 24 hours, driven by key developments. The introduction of smart contracts through a zkVM partnership with Nexus is a major factor, enabling new utilities like DEXs and NFTs on Dogecoin's network. This could boost adoption, putting it in competition with platforms like Ethereum.

Elon Musk’s ongoing support also fuels the rally, with hints about Dogecoin being used for payments on X (formerly Twitter) and at Tesla. Additionally, whales have accumulated over 1.4 billion DOGE in just 48 hours, indicating strong interest from major holders.

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