Dogecoin Surges as International Dog Day Campaigns Bring Renewed Attention

Dogecoin's price has been steadily rising, currently trading near $0.088, up around 1.3% over the past 24 hours. The recent surge in price is attributed to International Dog Day campaigns, which have brought renewed attention to dog-themed cryptocurrencies.

The Biconomy giveaway featured DOGE alongside other popular dog-themed tokens, including SHIB, BONK, FLOKI, WIF, and BABYDOGE. Participants had to follow the exchange, repost the campaign, and comment with their preferred token and a reason for their selection.

Around $4.26 million in DOGE positions were liquidated over the past 24 hours, with long positions accounting for the larger overall losses. However, large Dogecoin holders accumulated approximately 1.7 billion DOGE during the recent market decline, valued at roughly $153 million.