Dogecoin Trading Volume Skyrockets 76%, Indicating Potential Major Price Upswing

Meme coin Dogecoin (CRYPTO: DOGE) has witnessed a substantial increase in trading volume, indicating a potential major price upswing.

What Happened: Data from CoinGlass show that Dogecoin’s trading volume has soared by 76.71%.

This surge in momentum is supported by considerable whale activity, including a recent transfer of $120 million DOGE to an unidentified wallet.

Throughout November, Dogecoin’s price has shown remarkable growth of 150%, with monthly returns hitting 167%.

Also Read: Dogecoin Whales Move $214.5M In A Single Day, Sparking Speculation

Earlier …

Full story available on Benzinga.com