The leading meme coin, Dogecoin (DOGE), has experienced bullish developments, indicating a potential rally in the future. The trading volume of DOGE has surged by 25.06% in the last 24 hours, reaching $1.32 billion. This high influx of investors reflects growing interest and confidence in the meme coin. The rising trading activity can be observed on various crypto trading platforms, with Binance leading the way. Open interest in DOGE has also increased by 3.49% to $597.38 million, indicating a rise in the number of open positions. Despite remaining in a consolidation phase, DOGE has the potential to break out and reach new highs. Currently, it is trading at $0.1127, with resistance at the $0.12 range.



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