Price: $0.39452 -0.0339%
Market Cap: 58.27B 1.5869%
Volume (24h): 7.44B 0%
Dominance: 1.5869%
Price: $0.39452 -0.0339%
Market Cap: 58.27B 1.5869%
Volume (24h): 7.44B 0%
Dominance: 1.5869% 1.5869%
  • Price: $0.39452 -0.0339%
  • Market Cap: 58.27B 1.5869%
  • Volume (24h): 7.44B 0%
  • Dominance: 1.5869% 1.5869%
  • Price: $0.39452 -0.0339%
  • Mar / 06
    • Dogecoin’s Open interest Reaches Record $1.4B As Meme Coin Surges
      Mar 06, 2024 at 06:29 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.
    • Dogecoin Open interest Surges To Record $1.49 Billion
      Mar 06, 2024 at 02:04 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.
  • Mar / 05
    • Dogecoin’s Open interest Hits $1.4B Record Amid Memecoin Surge
      Mar 05, 2024 at 03:21 pm 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.
    • Millionaires Converge on Bitcoin as Surge in Value Sparks interest
      Mar 05, 2024 at 03:39 pm BH NEWS
      Millionaires converge on Bitcoin as surge in value sparks interest. The recent $65,000 threshold has ignited excitement among digital currency enthusiasts. With a dramatic 6% increase in just one day, Bitcoin is nearing its historical peak, fueling discussions about a significant bullish trend. This surge hints at a new direction for the crypto market, standing out from the growth phase of 2020-2021.
    • Dogecoin (DOGE) open interest tops $1.4B — Is it time for memecoins to correct?
      Mar 05, 2024 at 05:59 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.
  • Mar / 04
    • Binance Sparks Market interest with New Crypto Trading Pairs
      Mar 04, 2024 at 05:59 pm BH NEWS
      Binance's new crypto trading pairs announcement sparks market excitement. The introduction of seven digital assets trading options is set to impact the value and adoption of cryptocurrencies. These pairs will be available on the exchange from March 5, expanding Binance's diverse portfolio.

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