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Showing posts with the label Dogecoin Open Interest Drops To November 2024 Levels – Will Price Follow?

Dogecoin Open Interest Drops To November 2024 Levels – Will Price Follow?

Dogecoin's open interest has sharply declined since March, now at levels not seen since November 2024, reflecting reduced trader interest. This drop indicates low liquidity and potential challenges for future price increases. Currently, Dogecoin trades at $0.1684, down 34% over the past month and overtaken by Cardano in market cap. - source