Dogecoin Surges 29.9% in 24 Hours to $81.62 as Market Cap Tops $1 Billion

COINOTAG News reported on November 2 that Dogecoin remains in an uptrend, trading near $81.62 and generating a market capitalization north of $1 billion. The 24-hour performance registered a 29.9% gain, underscoring a significant intraday swing within the cryptocurrency market and signifying renewed momentum around the meme-friendly asset.

Market participants should consider liquidity, order-flow, and sentiment signals to assess the durability of this move. While the move is constructive for meme coins and related risk assets, investors are advised to weigh upside against volatility and monitor ongoing developments from exchanges and regulators that could influence near-term price action.