Dogecoin Still Flexing — $3B Open Interest Shows Meme Power! 🐕💥

Despite a 40% drop from July’s $5.35B peak, Dogecoin’s open interest is holding strong above $3B, proving the meme coin hype is far from over. 📊 Even after price dips in early August, OI has bounced back — a sign that traders are still betting big on DOGE’s next move.

January 2025’s all-time high of $5.5B set the tone, and while we’re not there yet, the market’s still buzzing. Historically, big OI has often aligned with DOGE price rallies, and with BTC and ETH pushing higher, a meme coin surge could be next.

DOGE is already +7% this month — and if history repeats like August 2021, we might be staring at another green run. 🌱 Will DOGE bark its way back to the top?$DOGE