Dogecoin Is Surging Early Morning — Here’s What’s Driving It
Posted On October 1, 2025
Dogecoin (CRYPTO: DOGE) was trading higher early Wednesday after DogeHash Technologies, a DOGE-focused mining firm, secured a $2.5 million loan from a Donald Trump Jr.-backed company.
Dog-Themed Crypto Shoots Up
The world’s largest meme coin was up over 6% over the last 24 hours, outgaining market heavyweights such as Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH).
Speculative interest in the coin spiked, with open interest in DOGE futures surging 4.66% in the last 24 hours to $4.02 billion, according to Coinglass.
Additionally, over 80% of top traders on Binance, i.e, the top 20% users with the highest margin balance, were …
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