Dogecoin (DOGE) Price Analysis: Jumps 7% on $200M Whale Buys as Futures Bets Top $3B

Dogecoin (DOGE) Price Analysis: Jumps 7% on $200M Whale Buys as Futures Bets Top $3B

Technical patterns suggest further upside toward $0.27, with $0.25 now acting as support.

Dogecoin Futures Surge Past $3B, Sparking Bullish Debate

Dogecoin’s recent surge in futures open interest, breaching the $3 billion mark, has sparked renewed interest and debate among traders and investors. This development, coupled with the token’s price climb to $0.25 and a 4.10% daily gain, signals a resurgence in trader confidence. However, the path forward is fraught with complexities and potential pitfalls that warrant a closer examination. Source

Dogecoin Draws New Attention As Open Interest Tops $3 Billion

According to CoinGlass and market reports, Dogecoin’s futures open interest breached the $3 billion barrier as traders piled back into the memecoin on August 12. The token climbed to $0.25 that day, and traders recorded a one-day gain of 4.10% while market capitalization rose nearly 4%. Short bursts of buying pushed derivatives exposure higher, and... The post Dogecoin Draws New Attention As Open Interest Tops $3 Billion appeared first on Daily …

Dogecoin Crosses $3.41 Billion in Open Interest Amid Hourly Shift

Dogecoin’s open interest is up 3.02% in the last 4 hours