🪙 Dogecoin jumped 48% in the past 24 hours, reaching $0.41 — a high not seen since May 2021.
The rally has driven over $68 million in liquidations on DOGE futures, marking the year’s largest losses on DOGE-linked trades.
The surge follows renewed interest from Elon Musk, now in the Trump administration, who hinted at establishing a “Department of Government Efficiency” (D.O.G.E.), sparking increased attention.
Many traders now see $1 as a potential price target for DOGE, fueled by past "Doge to $1" enthusiasm.
