Dogecoin (DOGE) Volume Up 71% – What's Happening?

In a stunning turn of events, Dogecoin, a cryptocurrency originally created as a joke, has witnessed a staggering surge in trading volume, leaving investors and analysts scratching their heads. According to CoinGlass, Dogecoin trading volume has increased by a staggering 71.04% in the last 24 hours, reaching an incredible $2.06 billion.

This surge in trading activity comes amid uncertainty and volatility in the cryptocurrency market as a whole. Known for its quirky Shiba Inu mascot and playful origins, Dogecoin has once again exceeded expectations, attracting the attention of traders and enthusiasts alike.

Despite its origins as a meme-inspired digital currency, DOGE has steadily gained traction over the years, fueled by an enthusiastic community and vocal support from figures like Elon Musk and Mark Cuban. However, the scale of the recent surge in trading volume has surprised many observers.

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