18,120,000,000 Dogecoin In 24 Hours, DOGE Open Interest Makes Comeback

Key Points

1. Dogecoin's futures open interest surged by 5.98% in 24 hours, reaching $4.38 billion, despite a 10.75% price decline over the past week.

2. Trading volume for DOGE increased by 62.12% to $2.49 billion within 24 hours, with the price rising 2.36% during the same period.

3. Analysts suggest that reclaiming the $0.26 level could catalyze a push toward $0.46, with exchanges like Gate.io, Binance, and Bybit potentially leading the rebound.

4. Investors appear optimistic about a potential uptick in Dogecoin's price in the coming days, as indicated by the rise in open interest and trading activity.