Dogecoin Market Cap Surpasses NFT Sector Amid Whale Accumulation

Dogecoin (DOGE) has solidified its position as one of the top-performing cryptocurrencies in the market. According to CoinGecko data, DOGE's market capitalization has surpassed that of the entire NFT sector, demonstrating its enduring popularity.

The recent surge can be attributed to significant whale activity, with 739 transactions worth over $100,000 occurring within a single day. This level of accumulation is the highest in six months and has contributed to DOGE's 14% price increase over the past 10 days.