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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- Dogecoin Open Interest Surges To Record $1.49 Billion
- Jan 01, 1970 at 08:00 am NewsBTC
- Dogecoin surges as its open interest hits a record high of $1.49 billion, following a remarkable 100% price rise. Investors and traders are captivated by the meme coin's performance, with Coinglass data revealing an exponential growth in open interest within the first week of March. From $870.22 million at the end of February, Dogecoin's open interest skyrocketed by over 70% in just five days, setting a new all-time high.
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- Dogecoin’s Open Interest Hits $1.4B Record Amid Memecoin Surge
- Jan 01, 1970 at 08:00 am CryptosHeadlines.com
- Dogecoin (DOGE) has witnessed a surge of 95% within the last week, becoming the highest-performing memecoin based on market value. This surge coincides with a record $1.4 billion open interest in Dogecoin futures, prompting concerns about overly optimistic traders. Analysts suggest DOGE's role in altcoin bull runs and draw parallels to past growth patterns, while the elevated funding rates in DOGE futures indicate high leverage, warranting caution due to potential market volatility.
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- Dogecoin (DOGE) open interest tops $1.4B — Is it time for memecoins to correct?
- Jan 01, 1970 at 08:00 am Cointelegraph
- Dogecoin (DOGE), a prominent memecoin, has recently experienced a surge in value, including a 95% increase in the past week. However, this rally coincides with a record-high $1.4 billion in futures open interest, raising concerns about excessive optimism among investors. Analysts suggest that DOGE may repeat significant gains from past cycles, but others caution that the high leverage levels observed in the futures market warrant caution.
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- Dogecoin (DOGE) Futures Reach Record-Setting Open Interest at $1,000,000,000
- Jan 01, 1970 at 08:00 am TheBitTimes
- New data shows Dogecoin futures have reached a record-setting $1 billion in open interest. Market intelligence platform Coinglass reveals Dogecoin, the dog-themed memecoin, has hit an all-time high in open interest. Majority of options contracts were taken out on Binance, ByBit, OKX, and BingX.
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- Shiba Inu’s Open Interest Ignites as Prices Rally
- Jan 01, 1970 at 08:00 am COINTURK NEWS
- Shiba Inu (SHIB) has experienced a resurgence, with prices rising and open interest (OI) on derivatives increasing by over 25% in the past 24 hours. OKX, Huobi Global, and Bitget exchanges have seen significant OI growth for SHIB. The altcoin's price has also climbed 1.79% in the last day, reaching $0.000009408, and the market value has increased by 1.72% to $5.54 billion.
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- Shiba Inu Gains Momentum: Open Interest and Price Surge
- Jan 01, 1970 at 08:00 am BH NEWS
- Shiba Inu (SHIB) has experienced a reversal in its downtrend, marked by notable price increases and a surge in its derivatives market. In the past 24 hours, SHIB's open interest (OI) has witnessed a significant 25.23% increase to $18.22 million, alongside a 36.34% rise in its total derivatives volume. This positive momentum is further reflected in a 1.79% increase in SHIB's price over the last day, bringing it to $0.000009408.
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- Shiba Inu’s Open Interest Ignites Amid Price Movements
- Jan 01, 1970 at 08:00 am COINTURK NEWS
- Amidst recent price rallies, Shiba Inu (SHIB) has witnessed a surge in derivatives activity, with its open interest (OI) escalating by over 25% to reach $18.22 million. This uptick coincides with a 36.34% increase in the total derivatives volume, highlighting the growing interest in SHIB's future price movements. Notably, exchanges OKX, Huobi Global, and Bitget have contributed significantly to this OI growth, with OKX holding the largest share.
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- Solana, XRP, and Dogecoin Lead Open Interest Charge Among Altcoins
- Jan 01, 1970 at 08:00 am Coin Edition
- Bitcoin's dominance in derivatives falls below 40%, as altcoins like Solana, XRP, and Dogecoin take the lead in open interest. Ethereum remains stable but loses dominance. Altcoins now control two-thirds of the futures market volume against Bitcoin. Data reveals that more funds flow into derivative contracts of alternative cryptocurrencies than BTC, indicating a shift in the spotlight from Bitcoin. Coinalyze's market statistics show that Bitcoin's dominance in Open Interest (OI) has diminished.
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- Dogecoin Open Interest Climbs To 6-Month High, 100% Rally Incoming?
- Jan 01, 1970 at 08:00 am Bitcoinist
- Dogecoin's open interest has surged to a six-month peak of $625 million, coinciding with the meme coin's 10th anniversary. This influx of investor interest could indicate an impending price rally, as historical data suggests a correlation between rising open interest and price increases. However, a recent decline in open interest may signal a potential reversal, raising concerns about a price decline back to $0.08. Alternatively, if the bullish trend continues, Dogecoin could potentially climb to $0.2, validating predictions of an upcoming rally.
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- DOGE contract open interest reached $640 million, the highest since November 2, 2022
- Jan 01, 1970 at 08:00 am
- According to Mars Finance, the value of DOGE contract positions in USD surged by 63% in a week, reaching $640 million - the highest since November 2, 2022. Binance holds approximately $307 million in open positions in the DOGE contract.
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