Dogecoin (DOGE) has surged over 5.2%, nearing a critical resistance level of $0.115. If broken, it could push the price to $0.15. Dogecoin is currently one of the top-performing major cryptocurrencies, with a sharp rise in trading volume.

In the DOGE perpetual futures market, trading volume increased by 50% in the past 24 hours, reaching over $1 billion, making it the ninth largest asset in this derivatives market. On the spot market, turnover rose 24.26% to $584.4 million, placing Dogecoin seventh among non-stablecoin assets.

Dogecoin's total trading volume across both spot and futures markets now exceeds $1.58 billion. With a market cap of $32.35 billion, its trading volume is 10% of its market cap, indicating growing interest and activity in the meme coin.