Dogecoin Community Exploration
Discover the deeper value of dogecoin and the latest developments of dogecoin whales.
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Jan / 01
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- Solana Experiences Significant Open Interest Decline Amid Price Drop
- Jan 01, 1970 at 08:00 am CoinstelegramEng
- Solana's open interest has plummeted by 21% amid a wider market downturn, with the total value of unsettled futures contracts falling to $1.62 billion. The market price has also dropped by 11% to $136.54, leading to the liquidation of $36.55 million in long positions. Despite the challenges, some traders remain optimistic about a potential recovery, suggesting that the current market conditions could present an opportunity for investment.
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- Solana Faces Decline in Open Interest as Longs Liquidated Amid Price Downturn
- Jan 01, 1970 at 08:00 am ItsBitcoinWorld
- Solana (SOL) witnessed a steep decline in open interest (OI) since April 12th, with over $85 million in long positions liquidated amidst a significant market downturn. As per CoinGlass data, Solana's OI reached a low of $1.62 billion on April 14th, marking an approximate 21% decrease from the preceding day. This drop closely followed SOL's abrupt decline from $172 to $117, resulting in a loss of over 30% in value on April 12th and 13th.
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- Solana experiences price slump as open interest sheds $440 million
- Jan 01, 1970 at 08:00 am Cryptopolitan_News
- Solana's price plunge has significantly impacted its open interest, which has decreased by 21% over the past 24 hours to $1.6 billion. This decline in open interest aligns with the recent trend of bearish sentiment in the cryptocurrency market, as other top 10 cryptocurrencies such as XRP, Dogecoin, and Cardano have also experienced substantial drops in value.
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- Solana open interest sheds nearly $440M as price slumps 11%
- Jan 01, 1970 at 08:00 am Cointelegraph
- Solana (SOL) witnessed a notable decline in open interest (OI) and price, mirroring a broader market downturn. Despite the dip, traders remain upbeat, viewing the current situation as a favorable opportunity to accumulate promising altcoins.
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- Record $2.2 Billion Open Interest in Dogecoin, What Does it Mean for RebelSatoshi?
- Jan 01, 1970 at 08:00 am TheBitTimes
- Dogecoin's massive open interest, a measure of investor activity in the futures and options market, has reached an unprecedented $2.21 billion. This surge has led to speculation about the potential impact on the wider cryptocurrency market, including the implications for other memecoins such as Rebel Satoshi ($RBLZ). As Dogecoin's price rises, it may generate excitement and attract new investors to the memecoin sector, benefiting projects like Rebel Satoshi. Additionally, Rebel Satoshi's distinct ecosystem, with its governance token ($RBLZ) and utility token ($RECQ), catering to a community-driven and playful spirit, positions it as a serious contender for the title of best cryptocurrency.
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- DOGE Day Afternoon: Open Interest Breaks $2 Billion, Setting New Records
- Jan 01, 1970 at 08:00 am Bitcoinist
- DOGE has surged in popularity, with futures market activity reaching record highs and positive funding rates indicating an optimistic outlook. However, experts advise caution as the crypto market remains volatile and unpredictable. Despite the risks, Dogecoin's recent market performance underscores the power of community support and the growing traction of digital assets once dismissed as mere jokes.
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- Dogecoin Open Interest Hits Record $2.2 Billion – What’s Next For DOGE Price?
- Jan 01, 1970 at 08:00 am NewsBTC
- The Dogecoin open interest has been setting new highs in March, reaching $2.21 billion on March 29. This bullish momentum has pushed the price of DOGE to $0.22, its highest point in three years. The high open interest suggests a continuation of the trend, but the direction of the price movement is uncertain. As of writing, DOGE is at $0.204, down 4.6% in the last 24 hours but still up 18% in the past seven days.
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- Dogecoin (DOGE) Open Interest Jumps Over 32% as Price Goes Bullish
- Jan 01, 1970 at 08:00 am U_Today
- Dogecoin jumps in price as bullish sentiment grows, with open interest surging by 32.89% to $2.17 billion. Binance leads with $638.91 million, followed by Bybit at $622.66 million and BingX with $300.33 million. Investor confidence in Dogecoin is evident across major trading platforms.
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- Dogecoin Open Interest Maintains Record Highs, Is A Crash Coming?
- Jan 01, 1970 at 08:00 am NewsBTC
- The Dogecoin open interest hit record highs in March, maintaining its level despite a slight retracement. This sustained interest could hint at where the meme coin's price is heading next, potentially signaling a crash coming based on historical data.
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- Dogecoin’s Open Interest Reaches Record $1.4B As Meme Coin Surges
- Jan 01, 1970 at 08:00 am ItsBitcoinWorld
- Dogecoin, the popular meme coin, has experienced a surge in value, reaching a record-breaking $1.4 billion in open interest on futures. This surge, however, has raised concerns about excessive optimism among traders, with some analysts attributing it to Dogecoin's historical performance and market capitalization. Technical analysts observe similarities between the current price action and past periods of explosive growth for DOGE, while the unprecedented level of open interest suggests potential excessive leverage, as similar situations have historically led to high volatility.
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