🎁🎁🐕💫 Dogecoin Still Barking Loud — $3B Open Interest Shows the Hype’s Alive
Dogecoin might’ve cooled off since July’s fireworks, but it’s far from fading. Open interest has slipped about 40% from last month’s $5.35B peak, yet it’s holding steady above the $3B mark — a clear sign the DOGE crowd isn’t packing up. 📊
Earlier this year, in January, open interest hit a record $5.5B. July came close, but August started with a pullback. Now, OI is bouncing back from early-month lows, and history tells us that when DOGE’s open interest stays high, price moves often follow.
This month alone, DOGE has already gained around 7% after a sharp pop. If Bitcoin and Ethereum keep climbing, this little meme coin could turn August green — just like 2021 when Bitcoin halved and DOGE went on a tear.
⚡ In short: DOGE isn’t just hanging around… it’s watching, waiting, and might just bite when you least expect it.
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