#BTCBreaksATH Key data about DOGE and the memecoin market.🐸🦊🐶
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On July 9, Dogecoin received nearly 130 million dollars in new funds, which increased its open interest by 5.92%, reaching 2.16 billion dollars, according to data from Coinglass.
In the last 24 hours, the total market capitalization of memecoins grew by 6.5%, surpassing 60.11 billion dollars.
Despite the rebound, DOGE is still 75% below its all-time high and, so far this year, has accumulated a decline of over 40%.
Finally, although the price of DOGE rose at the end of June, activity on the network did not reflect the same enthusiasm. The number of daily active wallets remained relatively stable, which could indicate some structural weakness behind the rally.