Dogecoin Surges 14% Amid White House Crypto Summit Frenzy

Dogecoin (CRYPTO: DOGE) is experiencing a surge in price, up 14.39% to 8 cents Thursday afternoon, following the White House crypto summit hosted by President Donald Trump on Wednesday.

The summit's focus on federal regulatory reform and support for the CLARITY Act has sparked a rally across top cryptocurrencies, with Bitcoin (CRYPTO: BTC) breaking past $72,000. This momentum is also driving Dogecoin's price higher.

According to Coinglass data, perpetual futures open interest in Dogecoin recently climbed to 17.2 billion DOGE, indicating fresh leveraged capital entering the market.