Meme-based cryptocurrency Dogecoin (DOGE) surged 13 percent in the last 24 hours and its price began to approach the $0.30 mark. What Happened: As of Monday morning at publication, DOGE was trading at $0.2804 and its market cap exceeded $37 billion. The coin recorded a 231.63 percent uptick in daily trading volume which stood at $3.69 billion. The most significant price action occurred around 3 a.m. EST when the coin surged 8 percent over a span of 30 minutes. DOGE’s price rally follows a large value transfer that took place on the network three hours prior. According to data from Blockchair, a whale wallet transferred 3.7 billion DOGE tokens worth over $997 million across the blockchain at 11:47 p.m. EST on Sunday. The total fee paid for the transaction was 25 DOGE which amounted to $6.70 at the time. The transaction also represented the single largest crypto transaction sent in …
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