Dogecoin (DOGE) has seen a significant surge in value, increasing by 116% over the last week. The meme-based cryptocurrency's trading volume has also risen by 157% in the past seven days. This surge in popularity has led to DOGE's price briefly surpassing global exchanges, such as Binance, on South Korean exchanges. The coin's demand in Korea has resulted in a "Kimchi Premium," where the price of DOGE on Korean exchanges is higher than on global exchanges. Analysts suggest that this performance indicates a bullish sentiment and predict that DOGE could reach new all-time highs and potentially even hit the $1 mark in the near future. At the time of writing, DOGE is trading at $0.42.



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