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Dogecoin jumps 10% as trading volume surges and gains PayPal network access

Market News
21 Aug 2026
Blockonomi
View Source
Bullish
pluang ai news

Dogecoin (DOGE) rose 10% in 24 hours, boosted by a 3.5x increase in daily trading volume to $1.28 billion and new access to the Paxos network used by PayPal and Venmo. This rally coincided with gains in other memecoins like Pepe and Shiba Inu, and was supported by broader market liquidity from the U.S. Treasury's bond buyback program. While institutional interest appears limited, retail and speculative traders are driving the momentum. Technical charts show DOGE breaking key resistance levels, suggesting potential for further gains if it clears the next supply zone.

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