Dogecoin Mania: Futures Open Interest Explodes 64% as Traders Go All-In
Dogecoin (DOGE) is back in the spotlight, with a jaw-dropping 64% surge in futures open interest this week, according to Glassnode. While Bitcoin cools off, DOGE is heating up—now commanding $1.62 billion in open positions. With prices pumping over 40% and traders doubling down, is DOGE preparing for a breakout moment? Speculators seem to think so.
