As the broader encryption market is run, Dogoin (DOGE) is now in the spotlight. Mim Queen’s open attention Raised Overnight by 6 % because it returns to the pre -match levels. As of the time of the press, futures traders have committed to 8.42 billion dusk to Dogecoin, indicating the renewal of interest in all fields.
Dogecoin justifies open attention
Depending on the current open interest numbers, which are characterized by a rate of $ 1.39 billion, merchants do not mind the risk fraught exposure. However, the fluctuation remains a major opposite wind, as price fluctuations threaten Dog’s support.
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At the time of the press, the currency has been traded for $ 0.1684, an increase of 5.13 % in the past 24 hours. About 48 hours ago, Dogecoin faced huge imbalanceThis indicates the extent of the instability of the market. With the latest height, its weekly losses have reduced to less than 16 % with pressure intensification for the prevailing recovery.
DogeCoin Open Foundation is a unique trend as the largest exposed by merchants, at a value of 2.19 billion dusks, on the Binance Stock Exchange. To complete the three best encryption trading platforms that host the DOGE FUTERES, including OKX and Bybit. This comes with 889.74 million dodes and 1.38 billion dusks, respectively.
Do Dogecoin Etf Hype fade?
Despite the current market expectations, traders have reasons for survival optimistic about the long -term stakes. the Dogecoin etf The application to the US Securities and Stock Exchange Committee (SEC) is a positive incentive for investors in general.
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The current price is also a huge discount for DOGE. This is understandable, given that the currency has jumped to a height of $ 0.4835 in the past 12 months. According to the current expectations, analysts are convinced that the Doug gathering is at the forefront.
While the market looks unstable, active Dogecoin addresses grow dramatically, indicating that users are gaining more currency exposure. with Positive organization Market leadership is expected to have a major long -term shift.
