Dogecoin surges after $200 million purchase

10.08.2025

On August 11, 2025, Dogecoin (DOGE) rose by 3% after an anonymous investor purchased over $200 million worth of DOGE in a single session. This transaction drew the attention of traders and analysts, as it significantly boosted market liquidity and pushed the price toward new highs. According to CoinDesk, the purchase occurred amid heightened volatility in the cryptocurrency market, further fueling investor interest in DOGE. Earlier in August, DOGE had been showing steady growth in line with the broader cryptocurrency market’s recovery. However, this large-scale acquisition became a key factor accelerating the upward trend. Analysts note that such moves by major investors could indicate a renewed interest in meme cryptocurrencies, especially under conditions of high market liquidity and volatility. In the coming weeks, traders will be closely monitoring DOGE’s performance, anticipating either continued growth or a correction depending on future market conditions.