Dogecoin

bullish

Rally

Bitcoin

<ul class="wp-block-list">
 <li>DOGE surged 13% after Tesla's Bitcoin transfer sparked market speculation.</li>  
 <li>Dogecoin hit $0.1249, with trading volume rising 72% in 24 hours.</li>  
 <li>Although Tesla's move boosted DOGE, it's still trading 83% below its all-time high.</li> 
</ul>  
<p><a href="https://cryptonewsland.com/active-addresses-on-dogecoin-doge-soar-see-why-investors-favor-dtx-exchange-dtx-over-near-protocol/" rel="noopener noreferrer nofollow">Dogecoin (DOGE)</a> surged 13% following Tesla’s decision to transfer all Bitcoin holdings in a series of large transactions. This sparked speculation across the market, with Dogecoin riding the wave and hitting $0.1249.</p>  
<p>The timing appeared too perfect to be a coincidence as the crypto community responded to Tesla’s bold financial move. Can DOGE maintain this bullish momentum?</p>  
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  https://twitter.com/dogeofficialceo/status/1846300572946723251
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<h2 class="wp-block-heading" id="h-dogecoin-s-strong-rally">Dogecoin’s Strong Rally</h2>  
<p>Within 24 hours, <a href="https://coinmarketcap.com/currencies/dogecoin/" rel="noopener noreferrer nofollow">DOGE</a> surged from $0.1105 to $0.1249. By 9:00 AM UTC, the price locked in over 7% of this gain, settling near $0.12. Investor interest drove trading volume up 72%, with $1.78 billion worth of DOGE changing hands.</p>  
<p>The increased activity pushed Dogecoin’s market cap to $18.50 billion, with 146.39 billion tokens in circulation. Traders remain hopeful about further gains. DOGE has risen 16% in the past week, 24% over the month, and an impressive 111% in the last year.</p>  
<p>Despite the <a href="https://cryptonewsland.com/doge-and-egld-strong-bullish-indicators/" rel="noopener noreferrer nofollow">strong momentum</a>, DOGE still trades 83% below its all-time high of $0.7376. While far from its peak, the recent surge signals that many still believe in the coin’s potential.</p>  
<h2 class="wp-block-heading" id="h-tesla-s-bitcoin-transfer-fuels-speculation">Tesla’s Bitcoin Transfer Fuels Speculation</h2>  
<p><a href="https://x.com/dogeofficialceo/status/1846300572946723251?t=ooGg7cG3ssHIFoj8ww6XtQ&amp;s=19" rel="noopener noreferrer nofollow">Tesla’s massive Bitcoin transfer</a> likely triggered the DOGE rally. The company moved all 11,509 BTC, worth $760 million, to new wallet addresses. This move caused speculation to spread across the crypto community.</p>  
<p>Some analysts suggest that Tesla is trying to secure Bitcoin for custodial purposes, while others predict a possible Bitcoin selloff. Another theory suggests Tesla could be preparing to buy back shares or invest in new projects.</p>  
<p>Optimists see the move as a protective measure, boosting confidence in Bitcoin and Dogecoin. With Tesla remaining quiet, traders continue to watch for further developments.</p>  
<p>In the end, Tesla's action has clearly revived the market, pushing both Bitcoin and Dogecoin higher. For now, investors and traders are optimistic, anticipating the price of DOGE to rise further.</p>   
<p>The post <a href="https://cryptonewsland.com/teslas-bitcoin-transfer-triggers-doge-rally/" rel="noopener noreferrer nofollow">DOGE Spikes 13% Following Tesla’s Massive Bitcoin Transfer</a> appeared first on <a href="https://cryptonewsland.com" rel="noopener noreferrer nofollow">Crypto News Land</a>.</p>

DOGE Spikes 13% Following Tesla’s Massive Bitcoin Transfer

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